Transportation fund

Increasing debt from borrowing
4:00 am
Sat July 6, 2013

Tax Watchdog Group Criticizes Transportation Fund Borrowing

WTA President Todd Berry
Credit Wisconsin Taxpayers Alliance

New state budget plans to borrow almost $1 billion to pay for proposed transportation programs is sending a fiscal warning.

The Wisconsin Taxpayers Alliance President Todd Berry says borrowing to pay for transportation projects accounts for 16 percent of road revenues compared to 6 percent ten years ago. He says Governors and legislators transferred money to the general fund when the transportation fund was flush, leaving the state needing to borrow to finish projects...

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