Disappearing dollars
December 2005 $41,401,347
March 2006 $23,658,856
July 2006 $14,538,140
March 2007 $73,415,383
June 2007 $18,419,963
March 2008 $66,349,673
Total Loss $237,783,362
TDOT Commissioner Gerald Nicely issued the following statement:
‘Federal funds support a variety of programs at TDOT, such as highway maintenance, bridge repair, road building, and environmental programs. Continuing federal shortfalls will force us to make difficult decisions in all of these areas, especially those programs which receive a majority of funds from the federal government.’