The Maryland Department of Transportation has issued its assessment that statewide funds for road and transit projects will be short if the broad plans for I-270 and nearby beltway area don’t receive the private funding initially anticipated.
For years, Maryland has deliberated the Governor’s proposal to introduce privatized toll lanes on Interstate 270 as a means to fund a congestion solution for that main artery and nearby portions of the Washington DC beltway. When the Board of Public Works voted last week to reject elements of that plan, that major initiative was stalled, or potentially reconfigured.
This week, the Maryland Department of Transportation, who oversees the consolidated Transportation Trust Fund that serves all publicly funded transportation modes, forecasted a resulting loss of project funding to be available for other projects – both transit and roadways.
From coverage in the Washington Post:
Read the full coverage, including local leaders’ response, in the Washington Post.