Missouri highway chief warns of funding drop off
The state's construction budget for roads and bridges has fallen from about $1.3 billion annually five years ago to $685 million this year.
The Associated Press
JEFFERSON CITY, Mo. — Missouri's transportation chief is warning that the state won't have enough money to maintain its roads in a few years.
The state's construction budget for roads and bridges has fallen from about $1.3 billion annually five years ago to $685 million this year. Transportation Department Director Dave Nichols said Thursday that the annual road-and-bridge budget is projected to fall to about $325 million in 2017.
That's considerably shy of the $485 million annually that Nichols says it takes to maintain the highway system in its current condition.
Nichols spoke at a transportation conference in Jefferson City hosted by the Missouri Chamber of Commerce and Industry.
Some of those at the conference are pushing a proposed ballot initiative that would ask voters to impose a 1-cent sales tax for transportation.
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