Could a Cash Crunch Endanger Smart Growth Goals?

If you are one of those people who believe toll roads are evil and that we already have enough money to build all the roads we need, the new Capital Area Metropolitan Planning Organization (CAMPO) long range transportation plan should be a real shocker.

Every five years, the federal government requires CAMPO staff to estimate the amount of transportation funding that will be available locally over the next 25 years and then develop a list of projects to fund. Back in 2005, when CAMPO last completed this exercise, they estimated the region would have $22.8 billion or just under $1 billion a year to spend on transportation projects. Fast-forward to 2010, and the estimated amount available has dropped to $8.8 billion, or about $350 million a year. In other words, transportation funding, which was already inadequate, is now projected to be cut by almost 66% over the next 25 years.

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