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Florida Transportation Funding Could Take a Hit August 1


July 1, 2014 | WMFE, Orlando - Florida's transportation funding could take a hit August 1.

[Photo courtesy of FDOT]

A letter released today by the U-S Department of Transportation says that's when part of the federal Highway Trust Fund will become insolvent unless Congress takes action.   

But Regional Florida D-O-T Spokesperson Steve Olson says the state has been saving up - there's a financial cushion that would last three to six months if federal funding was delayed.

“It almost then becomes triage, and what you would have to do is say … prioritize,” Olson said. 

“And what we prioritize is that safety would come first.”

Olson says Florida would also safeguard initiatives that involve private dollars … like planned I-4 renovations through Orlando.

He says the Sunshine State is lucky because only about 30 percent of its transportation funding comes from the federal government.​

 

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