By Eric Jay Toll | Phoenix Business Journal
Funded by unstable state and federal sources, the Arizona Department of Transportation is facing $408 million in cuts from its road improvement budget over the next five years. ADOT, with approval of the State Transportation Board, is responsible for managing the taxpayer-owned road and bridge system worth $19.7 billion. If the aging system were to be replaced today, taxpayers would have to ante up more than $200 billion.
The State Transportation Board is taking action on the Five-Year State Transportation Improvement Plan at its regular monthly meeting Feb. 19.