NC transportation projects lack needed funding, report says
(WNCN CBS North Carolina, Thursday, May 11, 2017)
A new report by transportation research group TRIP shows North Carolina has only 17 percent of the funding it needs for transportation projects through the next 10 years.
A total of $1.3 billion is spent annually on road repairs by the North Carolina Department of Transportation.
According to the report, they should be spending $1.9 billion to keep up with expansion projects and road work.
At a press conference Thursday, the executive director of the Regional Transportation Alliance said the time to act is now.
“When people think of the Triangle they don’t think of traffic. They think of growth and prosperity. We would like to keep it that way,” said Joe Milazzo.