The state's transportation board is urging Georgia lawmakers and Governor Sonny Perdue to do "all things necessary" to come-up with more money for transportation.
The resolution notes that the critical funding crisis--r the first time in history--may result in the state having to turn-down available federal assistance in Fiscal Year 2012. The DOT says for the coming fiscal year, beginning July 1st, it projects getting around $830 million from state motor fuel taxes.
But officials say more than half of that money will have to be used for debt service payments. And by the following fiscal year, the DOT Board says it won't be able to draw federal money meant for Georgia because "matching funds" won't exist.
“We are committed to providing the best transportation system, one that meets the needs of every Georgian,” Board Chairman Bill Kuhlke, Jr., stated. “But…this can only be attained through real transportation funding.”
A DOT board member says none of the regional funding options being considered by lawmakers right now would add any additional revenue to the DOT.
Lawmakers have only four days left on the General Assembly calendar.