Keyword: fundingcrunch

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  • County official presents wish list for U.S. 281 upgrades

    11/02/2008 5:40:04 PM PST · by Tolerance Sucks Rocks · 2 replies · 465+ views
    The Monitor ^ | November 1, 2008 | Jared James
    U.S. Highway 281 Presentation >> Priority 1: Spend $75 million to build five overpasses in Falfurrias.>> Priority 2: A $13 million Ben Bolt overpass at Farm-to-Market Road 2508 is proposed to create a safer school zone and eliminate another traffic barrier.>> Priority 3: Dedicate anywhere from $40 million to $104 million to build tolled relief route around Premont or upgrade the existing route with tolled freeway lanes.>> Priority 4: A $50 million project in George West to build connectors to U.S. Highway 59 and Interstate 37.McALLEN -- Whether the route is eventually called Interstate 69 or the Trans-Texas Corridor, four...
  • Editorial: Collaboration on road issues

    10/21/2008 9:06:44 PM PDT · by Tolerance Sucks Rocks · 4 replies · 370+ views
    The Dallas Morning News ^ | October 21, 2008 | The Dallas Morning News
    Savor the occasional cause for optimism that top leaders can value teamwork over turf in the contentious area of transportation financing. Take the years of squabbling over how Texas can scrape up billions of dollars to catch up with road-building needs. Suddenly, there's positive movement, first from Gov. Rick Perry last week. He told this newspaper's transportation writer, Michael Lindenberger, that he would not use his veto to obstruct a move by lawmakers to index the lagging motor-fuels tax to inflation. "If it is the will of the people, and of the Legislature, I suspect I would go along with...
  • TxDOT buys time with borrowed funds for Dallas-area projects

    10/06/2008 9:10:47 PM PDT · by Tolerance Sucks Rocks · 23 replies · 716+ views
    The Dallas Morning News ^ | October 5, 2008 | Michael A Lindenberger
    State transportation officials are poised to issue billions of dollars in debt to help speed road construction, a move that will keep Dallas-area projects on schedule for now but will do little to shore up the state's long-term road-funding crisis. The Texas Department of Transportation will likely begin issuing $1.5 billion in bonds within 60 days, pending the recovery of the nation's upended credit markets, and is taking steps to borrow another $6.4 billion over the next few years. Historic turmoil in the credit markets is already costing the department hundreds of thousands of dollars in extra interest payments each...
  • TxDOT might be in the money again

    09/30/2008 7:43:07 AM PDT · by Tolerance Sucks Rocks · 5 replies · 296+ views
    The Austin American-Statesman ^ | September 29, 2008 | Ben Wear
    The Texas Department of Transportation, which has alternated between fiscal gluttony and subsistence the past few years, may be about to belly up to a feast again. A feast paid for with money to be borrowed, mind you. Given the state of credit markets, one hesitates to reach for the salt right away. But absent the financial Armageddon that the president and others have been gabbing about, TxDOT might be sitting on an $8 billion stash this time next year. Even in the zero-laden world of government spending, $8 billion would be a significant infusion into TxDOT's budget. Without that...
  • State Agrees to Stop Diverting Highway Construction Money

    08/22/2008 11:53:23 AM PDT · by Tolerance Sucks Rocks · 14 replies · 340+ views
    WOAI Radio ^ | August 22, 2008 | Jim Forsyth
    Governor Perry and other state leaders have agreed to bring a halt to the practice which some say has led to toll roads...the diversion of money from the state's highway fund to other projects, 1200 WOAI news reports. "Implement a plan that sets a definitive course to end the practice of funding the Department of Public Safety with gas taxes that are needed for road construction, and return to funding the DPS with general revenue," is the first goal in a long term transportation funding plan released by Perry, Lieutenant Governor David Dewhurst, and House Speaker Tom Craddick. 1200 WOAI...
  • Texas wants its public funds to invest in roads

    08/22/2008 10:57:25 AM PDT · by Tolerance Sucks Rocks · 20 replies · 221+ views
    Reuters ^ | August 21, 2008 | Reuters
    NEW YORK (Reuters) - Public investment funds based in Texas could invest directly in transportation projects through a new corporation under a plan unveiled on Thursday by the state's legislative leaders and the governor. Texas has the nation's biggest road privatization plan but the legislature, reacting to criticisms that developers were enriching themselves at the expense of taxpayers, enacted a two-year moratorium. That has crimped road-building projects and led to a series of clashes between the governor and the legislature, who now have agreed on a compromise plan. Developers, including overseas companies, investment banks and private equity funds all vie...
  • TxDOT strong despite funding cuts

    08/01/2008 6:04:02 AM PDT · by Tolerance Sucks Rocks · 3 replies · 143+ views
    The Wichita Falls Times Record News ^ | August 1, 2008 | Maurel Merette
    “Regardless of losing funding, TxDOT is moving ahead,” said Larry Tegtmeyer, district engineer for the Wichita Falls District of the Texas Department of Transportation during his report Thursday morning to the Texas Transportation Commission. The Texas Transportation Commission is a five-member board appointed by the governor to oversee TxDOT. The commission met Thursday in the J.S. Bridwell Auditorium at Midwestern State University. It was the first time in 12 years that the commission had met in Wichita Falls. Tegtmeyer was enthusiastic about reporting the district’s accomplishments under a tight budget. In November, the Texas Department of Transportation announced budget cuts...
  • TxDOT will recommend no new roads for I-69/TTC

    06/20/2008 5:54:37 AM PDT · by Tolerance Sucks Rocks · 12 replies · 239+ views
    The Nueces County Record Star ^ | June 19, 2008 | Tim Olmeda
    The controversial project known as Interstate 69/TransTexas Corridor became a little less so last week after the Texas Department of Transportation announced it would recommend utilizing existing highway routes rather than building new ones. The announcement comes after months of public meetings during which residents along the path of the proposed path of Interstate 69/TTC voiced varying concerns. TxDOT has designated four priority corridors to address the state's transportation needs in the next decade. "The preliminary basis for this decision centers on the review of nearly 28,000 public comments made on the Tier One Draft Environmental Impact Statement," TxDOT Executive...
  • Road Repaving Projects Cut As Gas Tax Revenue Drops And Asphalt Prices Rise

    06/17/2008 7:16:25 AM PDT · by Tolerance Sucks Rocks · 25 replies · 170+ views
    AHN ^ | June 16, 2008 | Linda Young
    Washington, D.C. (AHN) - Soaring gas prices at the pump means more drivers are going to have a bumpier ride no matter where they go because economic pressure is forcing states to cut back on repaving projects. Americans drove fewer vehicle miles this year than last year, which means that states have less state and federal gasoline excise tax money to pay for the soaring cost of asphalt to repave roads. Asphalt is made from a combination of rocks and sand mixed with liquid asphalt, made of crude oil, to hold it all together. Soaring oil prices have caused asphalt...
  • Editorial: Now TxDOT must act on its promises

    06/06/2008 5:09:58 AM PDT · by Tolerance Sucks Rocks · 6 replies · 168+ views
    The San Antonio Express-News ^ | June 5, 2008 | The San Antonio Express-News
    The Texas Transportation Commission sounded the right notes last month in its first meeting under new leadership. Deirdre Delisi, recently appointed by Gov. Rick Perry to chair the commission, and her fellow commissioners finally seem to have gotten the message — the Texas Department of Transportation has lost the public's trust. For those with short memories, here are a few highlights that explain how that happened: •TxDOT fought to keep details of Perry's proposed Trans-Texas Corridor secret. It denied repeated requests from the media and landowners to let the public view a plan that calls for hundreds of miles of...
  • Pocketbook Pileup (TxDOT and toll roads)

    06/05/2008 7:32:40 AM PDT · by Tolerance Sucks Rocks · 7 replies · 524+ views
    Fort Worth Weekly ^ | June 4, 2008 | Dan McGraw
    Gas prices topping $4 a gallon. Freeways that have become parking lots — if you can get to them through surface-street traffic jams caused by fast growth, urban sprawl, and inadequate road planning. Transportation planning in Texas in general seems to have turned into a careening Mack truck that’s just as liable to plow into a city as help it. New highways are needed to get more and more people to work and get NAFTA traffic from the Rio Grande to the Red River, but the state says it doesn’t have the money to build the roads and bridges and...
  • Trans-Texas Corridor draws 27,000 public comments

    06/04/2008 6:03:26 AM PDT · by Tolerance Sucks Rocks · 11 replies · 276+ views
    Land Line Magazine ^ | June 3, 2008 | David Tanner
    Many in the great state of Texas have a lot to say about a proposed network of toll roads and railway lines known as the Trans-Texas Corridor. The Texas Department of Transportation received more than 27,000 public comments during a three-month comment period on a proposed corridor project called the TTC-69, said TxDOT spokesman Mark Cross. Transportation officials had 47 public hearings in February and March and accepted written comments through April 18 on the environmental and social impact of the corridor. Comments ranged from flat-out opposition to the corridor to suggestions about how to lessen its impact, Cross told...
  • TxDOT tries to bridge rifts with Texans in Congress

    05/25/2008 2:55:12 PM PDT · by Tolerance Sucks Rocks · 8 replies · 209+ views
    The Houston Chronicle ^ | May 25, 2008 | Bennett Roth and Stewart Powell
    WASHINGTON — The Texas Department of Transportation, long viewed as hyperpartisan and arrogant by some members of the state's congressional delegation, has been trying to soften its image by reaching out to lawmakers of both parties in the nation's capital. But while state transportation officials are having some success in easing the personal animus, they still face a stiff challenge in selling their policy agenda to the state's elected officials in Washington. Many Texans on the Potomac cringe at the agency's embrace of toll roads, the controversies surrounding the Trans-Texas Corridor and TxDOT's resistance to many of the highway earmarks...
  • TxDOT told to ‘prioritize’ in road funding crisis

    05/21/2008 7:38:59 AM PDT · by Tolerance Sucks Rocks · 5 replies · 181+ views
    The Monitor ^ | May 20, 2008 | James Osborne
    McALLEN -- State senators on Tuesday ordered transportation officials to assess Texas' highway system and prioritize which regions are most in need of new roads. "We're expecting a full report, not some two-page letter," said state Sen. John Carona, R-Dallas, chairman of the Senate Committee on Transportation and Homeland Security. "You can't begin addressing the funding problems until you know when the roads are expected to come on line." The transportation committee, which met Tuesday morning at McAllen City Hall, has been at odds with the Texas Department of Transportation since earlier this year, when the agency announced the halt...
  • Nacogdoches County will fight TTC as new member of regional planning commission

    05/01/2008 5:34:51 AM PDT · by Tolerance Sucks Rocks · 3 replies · 372+ views
    The Daily Sentinel ^ | April 29, 2008 | Michael Rodden
    County commissioners reaffirmed their stance against the Trans-Texas Corridor, and they took another step toward keeping county government transparent when they met Tuesday. First up on the court's agenda, commissioners heard a presentation by Connie Fogle on behalf of the newly formed Pineywoods Sub-Regional Planning Commission. According to Fogle, the Texas Local Government Code, Chapter 391, requires state agencies to coordinate with local commissions to "ensure effective and orderly implementation of state programs at the regional level." "Critical in the code is the word 'coordinate,'" she said. "This does not mean the commission has to cooperate. The intent is to...
  • Trans-Texas Corridor

    04/29/2008 5:29:55 AM PDT · by Tolerance Sucks Rocks · 16 replies · 459+ views
    Quarter Horse News ^ | April 29, 2008 | Sonny Williams
    Each day, I make the dreaded drive down Interstate 35 to go to work in Fort Worth. Each day, I slug through the snarl and sludge of ceaseless traffic, which intensifies my growing desire to commit hari-kari, or at least incites a vehement curse of the highway gods. Certainly, we in Texas need more lanes, more roads, more rails, more something to deal with the ever-expanding urban population and growing international commerce. Yet how do we solve our transportation needs without carving up the countryside like some congratulatory cake? Or should the construction of a superhighway-rail-utility corridor even concern us?...
  • Transportation leaders: Texas needs more money for its roads

    04/25/2008 5:13:48 AM PDT · by Tolerance Sucks Rocks · 13 replies · 342+ views
    The Dallas Morning News ^ | April 23, 2008 | Michael A. Lindenberger
    AUSTIN — Maybe Texas’ transportation problems are a lot simpler to understand than recent fights over toll roads make it seem, North Texas leaders told state senators Wednesday. “My first recommendation: You need to provide a lot more revenue for transportation,” Michael Morris, transportation director for the North Central Texas Council of Governments, told the Texas Senate transportation committee. That was hardly the only suggestion from Mr. Morris or the many others who spoke to the committee, which is seeking input as it readies an approach on toll roads, TxDOT and more for the next legislative session. But it might...
  • Governor Perry sticks to privatization for toll roads

    04/24/2008 11:20:21 AM PDT · by Tolerance Sucks Rocks · 16 replies · 223+ views
    The Dallas Morning News ^ | April 23, 2008 | Michael A. Lindenberger
    AUSTIN – Gov. Rick Perry promised to keep fighting for private toll roads and his other transportation priorities Tuesday during his first major speech on the subject since the death in December of transportation commission chairman Ric Williamson. "This is a place for big challenges, not big excuses," he told state Transportation Department employees and highway experts from around the country at the annual Transportation Forum. Next year's legislative session, he said, can't be anything like last year's. "The Legislature must understand that 'no' is not a solution," Mr. Perry said. "It is an abdication of responsibility." Before last year's...
  • Texas: Gas Tax Dollars Spent to Build Park

    04/16/2008 5:26:27 AM PDT · by Tolerance Sucks Rocks · 24 replies · 1,239+ views
    theNewspaper.com ^ | April 15, 2008 | theNewspaper.com
    Texas Department of Transportation that claims it has no money for roads uses $20 million in gas tax funds to build a park. Woodall Rodgers ParkThe Woodall Rodgers Park Foundation announced yesterday that the Texas Department of Transportation (TxDOT) would hand over $20 million in gas tax funds to help build a 5.2 acre park near downtown Dallas. The $67 million park is intended to serve as a model public-private partnership with a restaurant, a children's playground and a dog park. It will have no roads. "The park... will connect Uptown, Downtown and the Arts District, and is expected to...
  • A Transportation Alternative In Texas

    04/08/2008 5:44:33 PM PDT · by Tolerance Sucks Rocks · 21 replies · 228+ views
    The Houstonian ^ | April 8, 2008 | Sally Abdelmottlep
    Cars have been a huge part of our lives. We use them to get around anywhere. It might have been the best invention mankind came up with, but we all hate several common things about cars, such as the cost of gas prices and traffic. We think sometimes in our imagination how awesome it would be if cars had wings, so maybe one day we will fly through terrific! We also despise accidents, high insurance and drunk driving. Sometimes, I feel that we need other alternative means of transportation, such as a subway system in the state of Texas; maybe...