TxDOT director: Agency needs $4 billion more for roads, maintenance
FORT WORTH The Texas Department of Transportation needs an additional $1 billion a year to keep up with maintenance on 80,000 miles of roads in the state, the agencys executive director said Thursday.
Phil Wilson told a group of officials Thursday that TxDOT also is likely to need an additional $3 billion a year to deal with growing congestion on interstates and other roads.
Lawmakers, who started their biennial legislative session this week, have already said Texas will need to tackle road financing as the states population grows.
TxDOT, which currently has a $10 billion annual budget, relies on a 20-cents-a-gallon fuel tax that hasnt been raised since 1991. State officials say theyll soon run out of money for any construction or expansion without changes.
More at http://www.statesman.com/news/news/state-regional-govt-politics/txdot-director-agency-needs-4-billion-more-for-roa/nTsR7/
[font color=green]The budget surplus that was projected for the next biennium disappears within a matter of days.[/font]