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.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- UMMC reaching out after death of high school football player
- UPDATED: Jackson agrees to repay HUD $1.5 million for Farish Street blunders
- Gov. Bryant intervening in same-sex couple's divorce
- Vicksburg mayor marries during lunch break
- City leaders vote against offering insurance to one adult, possibly same-sex partner
- School superintendent says he never intended to hire wife's uncle, but recommended him
- Mississippi River mayors announce 'seed money' for waterfront developments
- Biloxi baseball project still alive but may be held for 2015
- MBJ's Business Marketplace set for Friday at Mississippi's Trade Mart