Author: Bert Stedman
While there is not yet a capital budget for this year, some previously funded projects are moving forward in Southeast. It is critical to our economy that we maintain and improve our transportation infrastructure. I am pleased to see that there will be some industrial work occurring in Southeast this construction season. Here is a list of projects that have received funding in previous years from the federal government, state government, or voter approved state bond sources moving to bid or awarded and turning dirt in 2016:
When revenues drop, the Legislature often reduces the size of the capital budget. Last year, the state unrestricted general fund capital budget was $118 million, far lower than previous years and the smallest capital budget in 16 years. Significant parts of these state funds were used to match federal funds. Capital budget spending will remain nearly non-existent until revenues rebound for the state. Nevertheless, the district had the following projects in the proposed capital budget SB 138. While that bill died at the end of the session, I expect a similar bill to be introduced by the Governor.