State needs to invest at least $600 million annually in infrastructure, study finds
A report from the University of Alabama’s Alabama Transportation Institute and Alabama Transportation Policy Research Center found that the state needs to invest between $600 million and $800 million annually for the next 20 years to meet infrastructure needs.
The report — “Addressing Alabama’s Transporation Infrastructure: Roads and Bridges” — found that Alabama needs to make major investments to simply maintain current infrastructure needs and even more if it wants to be competitive in the years to come.
The UA report comes as the Legislature is set to consider a gasoline tax increase this year as a method of funding infrastructure investment. The gas tax hasn’t been increased or adjusted for inflation since 1992.
The GOP leadership in both chambers of the state Legislature have so far been unified in their calls for a moderate gas tax increase. Gov. Kay Ivey has also endorsed the plan.
Read more: https://www.alreporter.com/2019/02/01/state-needs-to-invest-at-least-600-million-annually-in-infrastructure-study-finds/
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