Tennessee needs at least $38.8 billion of public infrastructure improvements during the five-year period of 2012-2017 according to a new report by the Tennessee Advisory Commission on Intergovernmental Relations (TACIR).
According to the report, "Local officials are confident in obtaining funding for only $11.6 billion of the $31 billion identified as local needs," leaving $19.3 billion of improvements for which funding is not yet available.
TACIR found that Knox County has $2.6 billion in infrastructure needs, including $710.7 million for transportation, $95.8 million for school renovation and replacement, and $55.7 million for water and wastewater treatment.
Source: TACIR: Building Tennessee's Tomorrow: Anticipating the State's Infrastructure Needs
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I tend not to question water
I tend not to question water and wastewater treatment projected spending needs. Generally I wonder if it is underestimated. Schools, along the same lines. But transportation claimed needs I typically am suspicious of until I see each project. That area seems susceptible to manipulation by the contractors and their political influence.
Transportation needs
(in reply to jbr)
Beyond your excellent insight I would add that it doesn't look like there's much quality control. Unless there was some sort of miracle breakthrough in asphalt technology, the seams in the 640 repaving look like they will show freezing water damage the first season of the repair. I know these things don't last forever, but it would appear we, the taxpayer, aren't getting what we pay for.
And while I'm aware that we have more coal ash than we need or can use, for the life of me I don't understand why we are not using that hazardous waste as a commodity and making asphalt out of it and repaving the roads with a paid for recycled waste product. It just doesn't make sense.
UNLESS, it couldn't be that then we couldn't funnel public funds to the private sector for overpriced paving jobs, could it?
This is what we're up against
House Joint Economic Committee Republican staff commentary March 2011 Spend Less, Owe Less, Grow the Economy
SPENDING REDUCTIONS TRUMP TAX INCREASES
HIGH TAXES ARE THE BANE OF ECONOMIC GROWTH