Uh Oh

By: Mr. Wilson on September 20, 2006
Tucked inside Deena Winter's column today was this bit of unfortunate news:
The group [of Lincoln representatives who went on a lobbying trip to Washington, D.C.] got bad news regarding the outlook for federal street funds; they learned the federal Highway Trust Fund is expected to dry up by 2009. Federal gas tax revenue goes into the trust fund and is then distributed to states, but revenue hasn’t kept pace with the rising cost to maintain highways.
The assumption all along has been that the Feds would pay for a huge chunk of the bill for the Antelope Valley Project and the South and East Beltways, among other roads projects. From the beginning I haven't cared for that assumption. On the other hand, Lincoln isn't the only community for which this is bad news. I have a hunch the Feds will find some money in their magical, inexhaustible pot o' gold.


See what your friends and neighbors have to say about this.

September 20, 2006 at 6:05PM

I saw that bit of news too.  Gulp!

This is where politicans make hay - getting federal funds to local projects.

Share your thoughts with the community.

Commenting is no longer permitted on this post.