Tag: transportation funding: Page 16

Roadbuilding

Democratic presidential candidates call for increased highway funding

During Sunday’s Democratic presidential debate in Charleston, South Carolina, Sunday night, all three candidates vowed that transportation funding would be one of their top priorities if they were elected to the White House. In the first question of the final Democratic presidential debate before the Iowa caucuses, front-runner Hilary Clinton, Vermont Sen. Bernie Sanders and former Mayland Gov. […]

January 20, 2016

Roadbuilding

Caltrans seeks 5,000 volunteers for road-usage fee study

The California Department of Transportation is looking for 5,000 volunteers for the Road Charge Pilot Program that would look at ways to charge motorists road-usage fees to fund transportation projects. Officials want to make sure volunteers are representative of the “vast geographic and socioeconomic diversity” of California. Signup information is available at www.CaliforniaRoadChargePilot.com. The California Road […]

January 19, 2016

Roadbuilding

Georgia announces multi-year transportation project plan worth more than $12 billion

The Georgia Department of Transportation (GDOT), members of the general assembly and Governor Nathan Deal this week announced a long-term transportation project list valued at more than $12.2 billion dollars and spanning more than 10 years. The plan was made possible, officials say, due to the state’s comprehensivie Transportation Funding Act of 2015. “Through the […]

January 15, 2016

Roadbuilding

Iowa DOT seeks $9.7 million to avoid losing even more staff members

The Iowa Department of Transportation has lost 500 employees since 2011, and the department is asking for $9.7 million to prevent things from getting even more out of hand. The Gazette has reported that Iowa DOT Director Paul Trombino said the funds are need to help keep the department stabilized. Trombino said the state Legislature […]

January 15, 2016

Roadbuilding

California governor proposes annual vehicle fee to fund road construction

California needs more money for its aging roads and bridges, but with so many electric and hybrid vehicle drivers, the state isn’t getting enough funding from fuel taxes to foot the bill. Gov. Jerry Brown has proposed a new plan to try to put more funds back in the transportation budget. According to CBS San Francisco, […]

January 14, 2016

Roadbuilding

Illinois Tollway seeks bids for $45 million in engineering services for Move Illinois projects

The Illinois Tollway is looking for design and construction management firms to bid on 10 new contracts worth $45 million as part of the Move Illinois program. Submissions are due Feb. 9 and will be awarded in May, with work expected to begin this year. “The Illinois Tollway is committed to creating opportunities for firms […]

January 14, 2016

Roadbuilding

Nebraska proposal would create transportation infrastructure bank to accelerate road and bridge projects

Nebraska State Senator Jim Smith and Gov. Peter Ricketts have unveiled a transportation infrastructure bank proposal aimed at accelerating road and bridge construction and repair in the state. The Nebraska Department of Roads (NDOR) would administer the bank, which will help provide matching funding to counties for quicker bridge repair work, fund transportation projects that […]

January 11, 2016

Home

Kentucky governor cuts $112.5 million from transportation budget

Kentucky might see several road construction projects delayed after the governor ordered a $112.5 million cut – 5.6 percent – in the state’s transportation budget. Gov. Matt Bevin issued the budget reduction order this Monday to offset an expected shortfall in transportation funding revenues, with Bevin saying the reduction will “prevent a deficit in the […]

January 7, 2016

Roadbuilding

Alabama holding meetings about raising its gas tax

Alabama drivers might see an increase in the gas tax for the first time in more than a decade. The Alabama Legislature’s Joint Transportation Committee is holding a series of five meetings across the state this month to discuss a gas tax increase, according to the Montgomery Advertiser. It would mark the first state gas tax […]

January 6, 2016

Roadbuilding

Georgia DOT awards 17 transportation project contracts valued at $97.1 million

The Georgia Department of Transportation (GDOT) awarded 17 transportation project contracts valued at $97.1 million for November, bringing the 2015 total to more than $1 billion. The November projects included $66 million for two widening and construction projects, roughly $20 million for 10 resurfacing projects and $5.6 million for three bridge projects. “As we move […]

January 5, 2016

Roadbuilding

North Carolina’s Triangle Expressway toll rate increases Jan. 1

The toll rate for North Carolina’s Triangle Expressway increases by 13 cents Jan. 1, the first in a string of increases for 2016 that will eventually raise the rate by 5 percent for the year. The North Carolina Turnpike Authority set the rate increase schedule based on financing needs for the expressway. Tolls collected help pay […]

December 29, 2015

Roadbuilding

Illinois Tollway refinances series 2008B bonds, saves $50.9 million

The Illinois Tollway has issued $333 million of series 2016A fixed rate refunding bonds that refunded $350 million of its Series 2008B bonds. These bonds will mature in 16-17 years and will reduce the agency’s bond principal and interest payments during fiscal years 2016 through 2032 by $50.9 million. “Refinancing these bonds at this time […]

December 28, 2015