Free Republic

he Texas state auditor has concluded that transportation officials used inflated numbers when they reported an $86 billion funding gap for highways and transportation projects. The audit released April 30 has a familiar ring to it because it is the second scathing review of transportation funding estimates this year in the state. State Auditor John Keel said the $86 billion estimate by Texas Department of Transportation officials should be more like $77.4 billion, but that’s not all. Nearly $38 billion of that estimate took into account undocumented cost estimates from city officials competing for shared transportation dollars. Keel’s team of...

Report says that more than $45 billion of the estimate is either in error or undocumented. The state auditor's office on Monday challenged the validity of more than half of a purported $86 billion shortfall in Texas transportation funding over the next generation and cautioned that the estimate "may not be reliable for making policy or funding decisions." That $86 billion, based on 2004 figures, has been cited repeatedly by Texas Department of Transportation officials and some legislators as a major reason for the state's increasing need for new toll roads. The number is a compilation of estimates from local...

Report says that more than $45 billion of the estimate is either in error or undocumented. The State Auditor's Office this morning released a report challenging the validity of almost half of a purported $86 billion shortfall in Texas transportation funding over the next generation, and cautioning that the gap estimate "may not be reliable for making policy or funding decisions." That $86 billion figure has been cited repeatedly by Texas Department of Transportation officials and some legislators as a major reason for the state's increasing need for new toll roads. The number is a compilation of estimates from local...