Trouble for Transportation
State transportation leaders met in Jefferson City Monday to discuss the potential problem. Two main funding sources for Missouri transportation needs are in jeopardy.
"Amendment 3 money runs out in 2009 and the federal highway trust fund runs out of money in 2009, so we have kind of a perfect storm here coming together where MoDOT is going to lose a tremendous amount of funding," said Republican Senator Bill Stouffer.
Voters passed Amendment 3 in 2004. It provided $1.7 billion in transportation funding through taxing.
Stouffer was attending a meeting of the Missouri Transportation Development Council, which is trying to come up with some alternatives.
"We've all enjoyed those revenues, and we have better roads and safer roads, and that's great," said Gary Marble with the Missouri Transportation District. "The question now is what do we do next?"
The next move might include an increase in taxes or toll roads. Stouffer is getting behind a sales tax proposal, but he admits nobody is set with a certain plan. The state senate will hold a hearing about transportation funding issues July 31.
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