MoDOT warns money for construction running out - KMOV.com

MoDOT warns money for construction running out

JEFFERSON CITY, Mo. (AP) -- Missouri's Transportation Department says the state will face difficult decisions as the agency's funding declines.

Transportation Director Pete Rahn says his agency has $1.5 billion this year -- including federal stimulus money -- for construction. He says in five years, Missouri could have as little as $421 million available for transportation projects.

The figures are in a report presented to a legislative committee Monday.

Transportation projects are funded partly with Missouri's gasoline tax. Rahn says the revenue is declining as people drive less and buy more fuel-efficient vehicles. Also, there are few funds still available from a 2004 constitutional amendment that directed more money to highways.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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