MoDOT: Funding Shortfall Looming in 20 Year Plan
KANSAS CITY, Mo. (AP) – A newly released report says a funding gap exists between the transportation system that Missourians demand and the one the state can provide with current funds.
Missouri Department of Transportation officials outlined more than $70 billion of wants, needs and projects Thursday in unveiling a draft of the agency’s latest 20-year plan. But MoDot said that the amount is significantly greater than the estimated $17.3 billion of funding available over the next 20 years.
One of the most expensive proposed projects – improving Interstate 70 between Kansas City and St. Louis – would cost from $2 billion to $4 billion.
MoDot talked to Missourians statewide about what they wanted in developing the draft.