Delaware could run out of money for state road projects
Funding could run out by next year for most Delaware state roads if the state doesn’t pursue alternative measures. The Transportation Trust Fund shortfall could reach $21 million by the July 1 start of the spending year.
Transportation officials will consider increasing commerical tolls by $1, raising gas taxes, shutting down free exits from Del. 1 south of the Roth Bridge, boosting transit fares, shifting operating costs to the general fund and increasing state borrowing to help offset the gap, reports the Associated Press.
The shortfall could reach $980.5 million in five years, even though 46 capital projects were shelved in the last three years and other projects have been delayed.
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