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Official: Fund cuts would hurt Okla. road projects

Official: Fund cuts would hurt Okla. road projects

www.Forbes.com

Associated Press
By TIM TALLEY 

05.04.10, 11:06 AM EDT

OKLAHOMA CITY -- Oklahoma's transportation secretary warned of devastating consequences if massive state budget cuts are imposed on road and bridge maintenance and construction program.

The Department of Transportation would lose $492 million over eight years if lawmakers impose a 20 percent cut, severely curtailing the state's effort to upgrade and rebuild obsolete and deficient roads and bridges, said Transportation Secretary Gary Ridley.

"It would be a huge, huge impact," Ridley said following Monday's meeting of the Oklahoma Transportation Commission.

State lawmakers are studying the effect of budget cuts on state agencies and the services they provide as they prepare a balanced budget for the fiscal year that begins July 1. Lawmakers expect to have $1.2 billion less to spend than during the previous year due to low energy prices and the faltering economy... FULL ARTICLE

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