GDOT Running Out of Money
Published September 24th, 2007
The Atlanta Business Chronicle is reporting today that the Georgia Department of Transportation is running out of money fast to support all the new construction that is needed for a strained infrastructure. According to the article, gas tax revenue is “the primary funding source for new road construction”, yet those revenues have increasingly been diverted to pay for maintenance and debts. It is estimated that by 2013 “maintenance and debt costs could actually exceed available revenue.”
One plan is to add a regional one penny sales tax to gas in order to accrue the much needed $200 billion shortfall that currently exists. What does this mean for Douglas County? It could mean that all those dollars promised by GDOT may not come after all.
