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Savings enhance transportation projects

The Wisconsin Department of Transportation (WisDOT) has realized let savings over the course of the state fiscal year. "Today, I am directing WisDOT to advance $65 million in projects statewide into state fiscal year 2017," Gov. Scott Walker said...

The Wisconsin Department of Transportation (WisDOT) has realized let savings over the course of the state fiscal year.

"Today, I am directing WisDOT to advance $65 million in projects statewide into state fiscal year 2017," Gov. Scott Walker said. "In addition, WisDOT is projecting an additional $38 million in revenues, which the Legislature can allocate into the 2017-19 biennial budget. In total, these actions free up more than $100 million in funds for additional transportation projects due to new revenues and savings."

Lower fuel prices and more competitive bids on projects have resulted in increased savings on road projects.

"Savings on the highway projects we planned for this year allows us to do more projects with existing funds. This June, WisDOT will fund 21 additional projects around the state," said Wisconsin Department of Transportation Secretary Dave Ross.

Using these savings now means WisDOT will accomplish more road work in the current fiscal year and provide additional resources to the Legislature in planning the next budget. Improving more roadways and bridges now, before inflation reduces purchasing power, and taking advantage of the savings will help preserve our assets and maintain infrastructure.

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"We are also generating more revenue for transportation without raising the gas tax or registration fees," Ross said.

WisDOT just completed an updated revenue forecast and is projecting an additional $38 million in available revenues.

Related Topics: TRANSPORTATION
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