NASHVILLE, Tenn. (WKRN) — As Tennessee’s population grows and inflation keeps costs high, the state is trying to figure out how to pay for future road and bridge projects.
“Our revenue is flat. It’s not keeping pace with what Tennessee needs,” Tennessee Department of Transportation Commissioner Will Reid told a panel of state and local leaders last Thursday.
Friends, colleagues remember dedication of Knox County Chief Deputy Bernie Lyon
Reid added that after 2029, the state will be facing a cliff where spending levels will go back to what they were in 2018.
“Meanwhile, the cost of building roads and building infrastructure has tripled since the early 2000s,” Reid explained. “Today, the same dollars buy a lot less, and I will tell you candidly that makes the decisions we make at TDOT every day all that much heavier.”…