Missouri Department of Transportation Director Kevin Keith told a panel of lawmakers Tuesday that changes to the interstate, such as widening it to six lanes, could create construction jobs and make the state more economically competitive. Keith said such improvements could cost as much as $4 billion.
Private companies would finance the project up front and collect tolls on I-70 between Kansas City and St. Louis.
The Missouri Department of Transportation decided to address budget troubles in 2011 with a plan to lay off workers, close some facilities and sell off equipment. MoDot Director Kevin Keith says he's optimistic 2012 won't be as tough.
Credit UPI/Missouri Department of Highways and Transportation
Missouri's transportation director says the state is nearing a crisis in highway funding and may have to turn away federal dollars unless it comes up with more of its own money for roads.
Department Director Kevin Keith told The Associated Press on Monday the agency now believes it must make about $300 million in cost cuts to free up enough state money to match federal highway dollars over the next five years. The department last year had set a goal of $200 million of savings.