Skip to main content

NC Governor's Transportation Committee Suggests ending transfers to the General Fund

As Bob Malme noted in the comments section of the recent toll post on the Triangle Expressway, there may be a solution to the funding gap problems for various NC Turnpike Authority projects.

The 21st Century Transportation Committee released their official plans on ways to improve funding and building highways.

The key part of the proposal is the elimination of the controversial annual $172 million transfer of money from the Highway Trust Fund to the General Fund. This transfer of funds, written into the legislature over 10 years ago, has come under scrutiny as numerous construction projects have become delayed throughout the state.

In particular, the Committee suggests that $75 million of the money go to the NCTA to help with gap funding. This would pretty much give the green light to the Triangle Expressway, Mid-Currituck Bridge and other proposed toll projects.

The remainder of the money, $97 million, would go to issue a proposed $1.8 billion bond for highway and mass transportation projects.

The proposal will be finalized on May 13 and it'll then be up to the legislature to approve or deny the suggested changes.

Story: Committee Unveils Statewide Road Plans --WRAL-TV

Commentary:

This is a good step. The elimination of the $172 million transfer will keep money in the highway trust fund where it belongs...for highways. Imagine where the state would be if this transfer had not existed. While NCDOT most likely would not be ahead of a rapidly expanding infrastructure needs of the state, it certainly would not be as far behind or perhaps the toll roads would not be a necessity.

Regardless, this is a great realization by the committee and I personally hope to see it pass. It will be interesting to see what happens with this suggestion and what others come from the committee.

Lets not forget the bond issue, there has been some discussion of a bond referendum for highways in a future election. If the legislature goes forward with this recommendation, this will be another interesting development and story to follow.

Comments

Popular posts from this blog

California State Route 38

California State Route 38 is a fifty-nine-mile State Highway located entirety in San Bernardino County and a component of the Rim of the World Highway.  California State Route 38 begins at California State Route 18 at Bear Valley Dam of the San Bernardino Mountains and follows an easterly course on the north shore of Big Bear Lake.  California State Route 38 briefly multiplexes California State Route 18 near Baldwin Lake and branches east towards the 8,443-foot-high Onyx Summit.  From Onyx Summit the routing of California State Route 38 reverses course following a largely westward path through the San Bernardino Mountains towards a terminus at Interstate 10 in Redlands.   Pictured as the blog cover is California State Route 38 at Onyx Summit the day it opened to traffic on August 12th, 1961.   Part 1; the history of California State Route 38 California State Route 38 (CA 38) is generally considered to be the back way through the San Bernardino Mountains to Big Bear Lake of Bear Valley

The original alignment of California State Route 33 in Firebaugh

Firebaugh is a city located on the San Joaquin River of western Fresno County.  Firebaugh is one of the oldest American communities in San Joaquin Valley having been settled as the location of Firebaugh's Ferry in 1854.  Traditionally Firebaugh has been served by California State Route 33 which was one of the original Sign State Routes announced during August 1934.  In modern times California State Route 33 is aligned through Firebaugh on N Street.  Originally California State Route 33 headed southbound passed through Firebaugh via; N Street, 8th Street, O Street, 12th Street, Nees Avenue and Washoe Avenue.  The blog cover depicts early California State Route 33 near Firebaugh crossing over a one-lane canal bridge.  The image below is from the 1935 Division of Highways Map of Fresno County which depicts the original alignment of California State Route 33 in Firebaugh. Part 1; the history of California State Route 33 in Firebaugh The community of Firebaugh is named in honor of Andr

Driving the Watkins Glen Historic Road Course - New York

  Situated at the south end of Seneca Lake in the Finger Lakes region of Upstate New York, Watkins Glen is well known for wineries along Seneca Lake and waterfalls at Watkins Glen State Park . But one thing that gives the town much renown is its connection to the world of auto racing. The raceway at Watkins Glen Internationa l holds a number of big races every year, such as Six Hours at the Glen and the NASCAR Cup Series . The history of auto racing at Watkins Glen starts during the 1940s when the race followed a course on local roads and also through the streets of downtown Watkins Glen. It's a course that you can follow today, preferably at a more moderate speed than the auto racers of yore raced at. Let's explore the history of the original course, how it came to by and why it is no more. Organized races through the village of Watkins Glen and surrounding roads were first proposed and started by Cameron R. Argetsinger in 1948, marking the beginning of post-war sports car