New transportation funding trends are worthy of note
Transportation leaders have hoped for years that Congress would pass an infrastructure bill, but chances for billion-dollar infusions of cash don’t seem likely. Now, there are pilot programs and studies on ways to generate revenue, and there’s evidence of a major trend that’s developing.
Transportation infrastructure will be a high priority throughout the country in 2021. Many large projects have already been announced, and others are anticipated. However, there are significant indications that a major change is emerging in how transportation-related projects will be funded in the future.