Photo: MGN, Inc
A new economic analysis by Lexington-based Commonwealth Economics shows what the state’s economy is missing out on when the state doesn’t adequately address its transportation needs. The analysis shows a billion dollar backlog in state maintained road resurfacing needs, 3700 miles and growing. Kentuckians for Better Transportation Executive Director Juva Barber chairs the Kentucky Infrastructure Coalition and says not addressing those needs is hurting the state’s economy. Every dollar spent on transportation adds more than $3 in jobs and wages and is worth more than $5 to the economy when ongoing operational benefits are factored in. The state will need to spend at least $554 million more per year just to continue the past decade’s average construction funding.