ADOT 5-year funding plan declining

transportation

ADOT-5-Year-Totals-620x264

Despite increased federal funding, overall program trends downward

By Rebekah Morris for Arizona Builder’s Exchange

Don’t hit the panic button yet: most of the drop in the Arizona Department of Transportation’s State Transportation Improvement Plan (STIP) budget is due to a change in reporting. Accounting for that change, overall funding continues to decline in total allocation.

For the five years AZBEX has been tracking the STIP, we have seen a steady decline in total funding. In years 2013, 2014 and 2015, we saw declines of about $100M-$150M. Last year the decline slowed quite a bit to only $20M. We were hopeful that this year we’d see an overall increase in the five-year total. Alas, that was not meant to be.

Rather, the data shows a $900M hit, or a 17% reduction in the program total.

Continued:

 

Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories
May 2016
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031