Report: State facing $6B shortfall
by Associated Press
Published: February 11,2010
Tags: construction, federal budget, highways, recession, roads and bridges, transportation
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
- Fervor grows for Tuscaloosa Marine Shale
- Nullification and interposition
- Court rules in clinic dispute involving St. Dominic, HMA
- TROTTER: Social security claiming strategies
- Commission eyeing unauthorized changes to historic structures
- District at Eastover construction to start later this year
- Small business owners take picture perfect advantages with Instagram
- With no interim, board begins hunt for MVSU president
- Click Boutique revives Hattiesburg downtown retail district

![[RSS Feed]](http://i2.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/rssfeed.png)
![[del.icio.us]](http://i0.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/delicious.png)
POST A COMMENT