Tennessee Road Projects Could Face Cuts In August
FRANKLIN, Tenn. (AP) - Tennessee has funding for 13 road-widening projects totaling more than $200 million waiting on whether Congress refreshes the federal Highway Trust Fund in August.
Without Congressional reauthorization, federal transportation officials will start cutting money sent to state agencies on August 1, which would set off cutbacks in states' road projects.
Tennessee Department of Transportation Commissioner John Schroer said the agency has a list of projects it planned to launch in fiscal year 2014, but has pushed back to 2015 because of concerns about funding.
The 13 projects facing delay are spread across Tennessee.
The Highway Trust Fund relies on gasoline taxes. While road construction costs have surged, the gasoline tax rate of 18.3 cents per gallon hasn't changed since its last increase in 1993.
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