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Funding for Projects to Run Out Warned By Transportation Leaders

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Published on : Apr 28, 2015

In the U.S., in the Pleasant Valley area of Missouri construction work began earlier in this month for a US$41.5 million project. The aim of the project is for improved connections in the area on Interstate 35 in the area of Northland.

AS per the federal transportation authorities and state leaders, this could be the last construction project in the metropolitan areas for some time. This is because federal funds for improvement of transportation will run out by next month having not allocated new funds.

This is first time in the history of Missouri that the state does not have adequate funds to match with federal grants to carry big projects. In another action, the lawmakers in the state are not accepting the idea to have toll roads in the state. The idea of increase of two percent tax for gasoline has witnessed resistance in Jefferson City.

As per the highway administrator on the federal government side, the people have an understanding of the government’s role about maintenance and investment for transportation infrastructure. He also added, the public understands that funds need to come from an external body and to raise revenue is a difficult task for a legislative body.

As the Transportation Department in Missouri is not left with any money, it will not be able to keep with the grants from federal transportation in 2017. Though residents of the state pay taxes to the federal government, the money will drift to other states that have match to carry large projects.  

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