Road funding squeeze threatens interchange of Macon interstates | State Legislature | Macon.com

8
Dec

Road funding squeeze threatens interchange of Macon interstates | State Legislature | Macon.com

ATHENS — Pressures are increasing on state lawmakers to add to the shrinking state fund to pay for big road, bridge and rail projects and their maintenance.

At the same time, a key federal fund is “broke,” which is further holding up the big works planned for the interchange of interstates 16 and 75 in Macon.

“We all agree it needs to be done. There’s just not a funding source identified,” Georgia Department of Transportation Commissioner Keith Golden said at a pre-session forum for Georgia lawmakers on Monday.

He said the Federal Highway Trust Fund, the bucket that holds the federal gas tax and pays for the lion’s share of interstate works nationwide, is broke.

Georgia transportation planners have banked on getting about $1 billion out of the fund annually, but that fund is due to run out of cash this month. Even if Congress appropriates more money, anything less than $1 billion means GDOT will need to reshuffle priorities.

Both that fund and a twin Georgia-only fund are collecting less money from gasoline tax because people are buying less gas for today’s more fuel-efficient cars.

Georgians pay two kinds of state tax on gas: a sales tax based on the gas price, and another on the volume of gas. When gas is cheap and people need less of it, the state collects less money. In the current fiscal year, Georgia expects about $1 billion dollars, but not all that goes to transportation, and it could be less if gas prices stay low.

The Macon work would cost about $300 million, Golden said. Interstate work is funded mostly by federal money and also requires a state match.

But with both of GDOT’s funding sources going dry, there’s no way to start construction on the interchange, nor the other dozen or so highest-priority projects.

The interchange is a “bottleneck” for port customers, said James McCurry, senior director of administration and governmental affairs at the Georgia Ports Authority.

via Road funding squeeze threatens interchange of Macon interstates | State Legislature | Macon.com.

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