Thursday, June 4, 2009

Stimulated? Michigan is Showing No Signs

Free Press Driving Columnist Matt Helms posted the following story to paper's website on June 4, 2009.

State to cut 137 road projects

The Michigan Department of Transportation plans to cut 137 roadwork projects off the books over the next five years because of declining revenues to pay for construction.

MDOT Director Kirk Steudle told a committee of lawmakers this week that the department will be forced to cancel $740 million in road and bridge preservation projects and other roadwork. MDOT blames longstanding declines in gas taxes and other revenues that will reach a critical point in less than two years.

“We’re facing approximately a $102-million shortfall in state revenue,” MDOT Governmental Affairs Director Ron DeCook said late this morning. “This means we will not be able to match about $576 million in federal funds in 2011.”

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