State to Delay $1.1 Billion in Transportation Projects
Maryland Secretary of Transportation John D. Porcari announced that $1.1 billion in transportation projects must be deferred over the next six years to compensate for the revenue shortfall. For a complete list of deferred projects, click here.
“This is a challenging economic situation,” said Secretary Porcari. “People are driving less and not buying as many cars. While this is healthy for our nation in the long run, it dramatically affects transportation revenues. As a result of these trends, the revenues received from the motor fuel tax, the vehicle titling tax and vehicle registrations are all coming in below projected levels. These revenues are three of the largest funding sources for transportation projects across the state. Without the expected revenue, we have to defer new projects until we can afford them.”
Read the full press release and view a complete list of deferred projects here.
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