News & Observer | newsobserver.com |

State $65 billion short on road needs

- Staff Writer

Published: Thu, Oct. 05, 2006 12:00AM

Modified Thu, Oct. 05, 2006 07:32AM

Bookmark and Share
email this story to a friend E-Mail print story Print
Text Size:

tool name

close
tool goes here

Just two years ago, the gap between North Carolina's long-range transportation needs and the money to pay for them was pegged at $29 billion. The new estimate, delivered Wednesday, is $65 billion.

North Carolina is expected to swell from 8.7 million residents to 12 million by 2030, with traffic flows growing two or three times as fast. That could mean more rush-hour jams for commuters and more demand for bus service among the poor and elderly.

"We need to review options for how we are going to address this $65 billion gap," Susan Coward, a deputy transportation secretary, told the state Board of Transportation. "We all know it affects our mobility, economic development and the quality of life."

North Carolina can count on $57 billion in gas taxes and other state and federal transportation revenues over the next 25 years -- but it will take more than twice that to pay for transportation needs now pegged at $122 billion, she said.

As the state tries to build roads and keep old ones in shape, the cost of each mile is rising faster than inflation. The price of a new bridge has risen 44 percent in five years.

Taxes on car sales are increasing only slightly. As cars go farther on each gallon, gas-tax collections rise more slowly than traffic.

Lanny Wilson of Wilmington, a board member, said local governments must take a bigger role for the state to work its way out of congestion.

Get it all with convenient home delivery of The News & Observer.

No comments have been posted for this story. Log in to be the first to comment.
 

 

The News & Observer is pleased to be able to offer its users the opportunity to make comments and hold conversations online. However, the interactive nature of the internet makes it impracticable for our staff to monitor each and every posting.

Since The News & Observer does not control user submitted statements, we cannot promise that readers will not occasionally find offensive or inaccurate comments posted on our website. In addition, we remind anyone interested in making an online comment that responsibility for statements posted lies with the person submitting the comment, not The News and Observer.

If you find a comment offensive, clicking on the exclamation icon will flag the comment for review by the administrators, we are counting on the good judgment of all our readers to help us.