State Agencies Pilfer Highway and Bridge Funds
New York State’s Dedicated Highway and Bridge Trust Fund hasn’t been all that dedicated. Since 1991, only 34.9 percent of the money in the fund went directly toward the repair and improvement of the state’s deteriorating roads and bridges. And over the next four years, that will shrink to about one fifth. It’s supposed to be a “locked box,” but apparently the lock wasn’t very strong. If only one-third of the money in the Highway and Bridge Trust Fund has actually been used to pay for highways and bridges, the question, is, where did the money go? The answer is...
Original Article: Forum: News/Activism
Tags: Bridge Funds, Dedicated Highway, Hasn, Highways And Bridges, Money, New York State, One Fifth, Roads And Bridges, Trust Fund, X92