Friday, January 23, 2009

TxDOT Chair: $313B needed for Tex. transportation over 20 years

From Austin Business Journal, January 21, 2009...

Deirdre Delisi, chair of the Texas Department of Transportation, spoke to members of the Real Estate Council of Austin on Wednesday about TxDOT’s conversations with legislators and funding options for future mobility.

Delisi had a rapt audience, and acknowledged the need for effective transportation in continuing economic development. She touched on the TxDOT’s “Innovative Connectivity” plan, the department’s goals for working with local governments, recommendations from the state’s Sunset Commission and statewide funding needs.

The department’s 2030 Committee has finished a preliminary plan, Delisi said, that estimates the state will need $313 billion between 2009 and 2030 to adequately meet Texas’ transportation needs. The department has also identified $6 billion in shovel-ready transportation projects that could begin this year with adeqaute funding.

Where that money will come from, though, is not yet clear, she said.

Read more...

No comments: