MoDOT
Outlines Federal Highway Bill's Preliminary Impact
JEFFERSON
CITY - A preliminary review of the recently passed federal highway
bill shows Missouri has been allocated an average of $862 million
a year for the next five years for road and bridge projects. The
estimated federal funding is about $200 million more a year than
what the department received in the last federal highway bill.
"We're
continuing to analyze this very detailed and complex piece of
legislation to determine its full impact on our statewide transportation
system," said MoDOT Director Pete Rahn. "However, one thing is
very clear. Our congressional delegation did an excellent job
in making sure Missouri was well represented in this bill."
While
that is welcome news for the state, Rahn said the bulk of that
funding is already committed to projects in the department's five-year
construction program or is earmarked for specific projects. The
department estimates about $30 million more a year will be available
for additional road and bridge projects than was previously anticipated
in the five-year plan.
"We
are very pleased to receive this additional revenue," said Rahn.
"We'll be working with our planning partners to identify our most
pressing needs and put these funds to good use making substantial
improvements to our highways and bridges.
"However,
because we anticipated much of this increase in federal funding
when we put together our construction program for the next five
years, we won't see a big windfall of additional projects.This
funding is critical, though, to keeping our construction program
on track as planned."