Revenue Shortfalls Force Kentucky DOT to Cancel Projects

Covid-19 has forced tough financial times for operating and maintaining transportation networks because of reduced revenues.

That means much-needed transportation projects are delayed, reports the transportation website Faster Better Safer.

Kentucky, for instance, cancelled in May and June the lettings they were planning on moving forward with for those months.

“That was about $83 million of projects that they didn’t move forward with…and they’ve also suspended work on about 100 different projects totaling $150 million across the state,” according to Jim Tymon, executive director of the American Association of State Highway and Transportation Officials (AASHTO). “In Maine, they’re looking at a reduction of about $128 million in state revenues over the next 18 months.“

Tymon recently spoke to the Americans for Transportation Mobility Coalition for its newest podcast that provides an overarching perspective on why transportation infrastructure investment cannot wait.

Source: FasterBetterSafer.org