Report: State facing $6B shortfall
Published: February 11,2010
JACKSON — A national transportation advocacy group says Mississippi will face a $6-billion highway funding shortfall in the next decade if Congress fails to adopt a new transportation plan.
TRIP, a national transportation research group, and lawmakers released the report yesterday at a news conference in Jackson.
The study says one-fifth of Mississippi’s major roads are deteriorated, one-quarter of the bridges are in need of repair and traffic congestion is on the rise.
The reports suggests Mississippi will need $12.5 billion from now until 2019 to keep up with its highway infrastructure needs.
The TRIP report says wear and tear on vehicles caused by neglected roadways cost each Mississippi motorist an average $394 annual operating costs.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- The Dan Jones-IHL saga: Is this the story that started it all?
- Dan Jones rejects IHL offer, won't publicly apologize
- Email from Nash to Delta Council’s Morgan included in DHA court file
- BREAKING NEWS: Trustees offer new deal to Ole Miss chancellor Dan Jones
- Suit against Kemper employee Brett Wingo is dismissed
- Ole Miss chancellor: Talks continue over job status
- DAVID DALLAS — From Dan and Dixie with love
- Delta Health Alliance CEO Karen Fox under investigation for possible misuse of funds
- Law to bolster utilities’ economic development efforts gets mixed reactions