State report says Tennessee should increase taxes or start borrowing to fund road construction
A state report indicates that Tennessee faces a $3.6 billion shortfall for highway maintenance and improvements. Officials suggest that lawmakers must consider tax increases or borrowing to fund these transportation needs.
Tennessee lawmakers likely need to increase taxes or allow borrowing if the state wants to meet its growing transportation cost needs, a recently released report by the state’s intergovernmental agency found. Officials with Tennessee Advisory Commission on Intergovernmental Relations, TACIR, said Tennessee needs $3.6 billion for its highway operations, maintenance and improvements, but currently only […]
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