Variable Conditions: 2007 Forecast

A forecast of expenditures for public works across the U.S. includes details of questionnaire results regarding questions about 2007 budgetary expectations. Increases outpaced cuts by 5 to 1. Only 12 percent of the budgets were cut, and one-third was flat. Other factors favoring public works expenditures are: low inflation rates and low interest rates, and rising state and local tax revenues. Voters in 14 states have approved some $40 billion in additional money for construction and maintenance. Wastewater and sewage systems were reported to be a greater challenge in the short-term than roads and bridges. Also, larger communities are raising their budgets more rapidly than smaller ones. Staffing continues to be a problem at all levels due to salary caps and other related issues. The article includes extensive graphs and regional breakdowns.

Language

  • English

Media Info

  • Media Type: Print
  • Features: Figures; Photos;
  • Pagination: pp 23-25, 27, 29-30, 33, 35, 37, 39-40, 43-44
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 01042958
  • Record Type: Publication
  • Source Agency: UC Berkeley Transportation Library
  • Files: BTRIS, TRIS
  • Created Date: Feb 9 2007 2:49PM