Sharply increased spending in the state Ferry Division will eat up an extra $11.3 million from the state Highway Fund, according to a new state budget moving toward approval in the legislature today - and the state Department of Transportation will have to cut road maintenance spending by $4.4 million.
The 2010-2011 budget proposed by House and Senate conferees also will:
* Set aside just $46 million to inaugurate the N.C. Mobility Fund proposed by Gov. Bev Perdue, who had sought nearly $100 million. The fund is supposed to pay for big statewide transportation projects, but it will take several years to produce enough money for its first priority, a $150 million widening project on Interstate 85 north of the Yadkin River bridge at Salisbury. ... [MORE]