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Tag: Caltrans funding
Roadbuilding
California DOT: State needs $5.7 billion more each year to maintain roads
California’s budget falls short on road funding to the tune of about $5.7 billion each year, according to the state’s Department of Transportation. A Caltrans report said the department needs $8 billion annually over the next 10 years to pay for the management and improvement goals set for the state’s infrastructure. But the state only […]
May 13, 2015
Roadbuilding
PPI continues to rise
The Producer Price Index for finished goods rose 0.8 percent in April, seasonally adjusted. This advance followed increases of 0.7 percent in March and 1.6 percent in February. Prices for finished goods less foods and energy moved up 0.3 percent. To read the full report, click here.
May 12, 2011
Construction Equipment
Caltrans receives $58 million in new funding
The California Transportation Commission (CTC) on May 12 allocated $58 million in new funding to 56 highway, transit, and rail projects statewide to support jobs and upgrade the state’s vital transportation system.
May 12, 2011
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