Virginia DOT Coming Up Broke
The Virginia Department of Transportation ability to build and maintain its roads and highway system is collapsing. Unless Federal or State legislation comes to the rescue, VDOT may soon find itself unable to maintain the state’s own infrastructure.
The Federal Highway Trust Fund which is responsible for supporting the country’s construction projects, could very well be broke by August, according to officials. This would obviously be destructive to the State of Virginia’s cash flow. VDOT has already laid off nearly 450 part-time employees and is currently in the process of laying off 1,000 full-time employees. They estimate, that there will be no state money to support smaller, local construction projects, by the year 2011.
Secretary of Transportation for Virginia, Pierce Homer, stated: “We are approaching a cliff. Our underlying bread-and-butter program is seriously compromised.”
Read more about VDOT money problems . . .
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: department of transportation, federal highway trust fund, VDOT, virginia
