State and Local Government / Transportation

Road Money Drying Up, Whatsoever Shall We Do?

By David Stokes on May 19, 2008

MoDOT is predicting that road projects in Missouri, except for the New I-64/40, will be delayed because (according to the Post-Dispatch, via Combest):

Ed Hassinger, the Missouri Department of Transportation’s district engineer for St. Louis, said a triple whammy of higher bond payments, a looming deficit in the federal highway Trust Fund and dropping state fuel tax revenue would reduce the number of dollars available to build roads and bridges.

I sure wish a Missouri-based, free-market think tank had written a study about ways to fund and operate needed road, bridge, and transit projects using innovative solutions (public-private partnerships) and user-based fees (tolls) to fund transportation in Missouri. That might come in handy right now. …

Topics on this page

Missouri St. Louis St. Louis Post-Dispatch Missouri Department of Transportation Interstate 64 in Virginia

About the author

David Stokes

Director of Municipal Policy

More about this author >

Support the Show-Me-Institute

Reprint permission for Show-Me Institute publications and commentaries is hereby granted, provided that proper credit is given to the author. We request, but do not require, that those who reprint our material notify us of publication for our records: [email protected].

Mission Statement

Advancing liberty with responsibility by promoting market solutions for Missouri public policy.