Thursday, April 25, 2013

Highway Trust Fund On Track To Run Dry In 2+ Years

Well this isn't the news I was hoping to hear; the money that the federal government uses to pay its share of transportation projects will run out in little more than two years, congressional forecasters say.
In a report to U.S. House members, the Congressional Budget Office said, “The current trajectory of the Highway Trust Fund is unsustainable.” So how to keep the Highway Trust Fund in the black? The report included a couple options, but none are very likely to happen.

Here are the details, from Stateline.

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About SRTC

SRTC is the federally designated Metropolitan Planning Organization (MPO) for Spokane County. Urbanized areas with populations exceeding 50,000 people are required to have an MPO. SRTC was formed to address the county's transportation planning needs. It provides coordination in planning between the public, cities, small towns, the county, the state, transit providers, and tribes.

SRTC offers services including transportation monitoring, transportation modeling, census information analysis, travel demand forecasting, historical traffic count analysis, geographic information systems, and trip generation rates.