NASHVILLE, Tenn. (AP) -- Transportation Commissioner John Schroer said the state won't be able to start any new highway projects if it loses federal funding next year.
Gov. Bill Haslam wrapped up his annual budget hearings with the department at the state Capitol on Monday.
Schroer told Haslam that money from a measure President Barack Obama signed in 2012 to extend federal highway and transit funding will end on Oct. 1, 2014. If Congress doesn't extend it, then that would mean a loss of over a billion dollars for Tennessee.
Schroer said the state would likely be able to maintain current construction projects but not take on new ones.
And despite sluggish revenue reports for the state, the commissioner says it's still too early to discuss ways to increase revenue.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to firstname.lastname@example.org. Please provide detailed information.