State sounds alarm over road funding

http://www.stltoday.com/stltoday/news/stories.nsf/stlouiscitycounty/story/68FFB3345641829786257328000F0101?OpenDocument

or http://tinyurl.com/2aac3y

From the July 30, 2007 St. Louis Post Dispatch. Link rot in about 10 days.

Missouri's top transportation official is canvassing the state talking about a "perfect storm" forming over his department.

Road construction costs are spiking, debt payments are ballooning, and at the same time, fuel taxes are generating slightly less cash and the federal highway trust fund is speeding toward a multibillion-dollar deficit.

The combination means that by 2010, the Missouri Department of Transportation could have just $569 million a year to pay contractors for road and bridge work. That's down from the $1.23 billion that MoDOT is spending this year on those jobs.

Click the link for the full article.

Take care,
Rich

God bless the USA
--
And if I claim to be a wise man
it surely means that I don't know.

--Kansas
.