Quinn Signs $1B Plan For Road Repair In Illinois
Featured & Trending:
Latest News Headlines:
Get Breaking News First
CHICAGO (AP) – Gov. Pat Quinn signed an approximately $1 billion capital spending plan on Tuesday intended to create jobs and help repair Illinois roads and bridges after a harsh winter.
The Chicago Democrat approved the bipartisan legislation that will also provide lawmakers with opportunities to attend popular ribbon-cutting ceremonies in an election year. The plan got overwhelming support in the final days of the legislative session, though some lawmakers were concerned that they didn’t have enough time to study where the money would go.
Transportation officials said the money will go toward “shovel ready” road projects that can begin as early as this summer. A majority of the roughly 200 projects will involve resurfacing short segments of roads throughout the state and a few consist of bridge repair after an especially harsh winter.
Quinn estimated that the projects will create some 14,300 jobs. The 210 projects include resurfacing major roadways and reconstructing bridges.
“After the historic winter we experienced, many of our roads and bridges are in desperate need of attention,” Erica Borggren, the acting head of the Illinois Department of Transportation, said in a statement. “This construction program is the shot in the arm that our transportation system and our economy needs.”
Some lawmakers supporting the repair program said it was necessary because the $31 billion “Illinois Jobs Now” program that Quinn signed in 2009 is set to run out of road funding sometime this year. But Transportation Department spokeswoman Paris Ervin said that $115 million will be doled out this year for various projects.
The winter repair plan will be paid for by selling bonds and paying back the loan with revenue from retired bonds. It was scaled back to gain Republican support amid concerns that the state couldn’t afford a higher price tag. Democrats failed to gather votes to extend an income tax increase set to roll back in January, potentially creating a loss of $1.8 billion in revenue.
Some lawmakers and a transportation group had proposed paying for road construction with a fuel tax increase, and ending the practice of diverting funds earmarked for road projects to other parts of the budget. That plan was opposed by gas station owners who say the state’s fuel tax is already too high.
(TM and © Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)