Governor announces $150 million to improve rural roads
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MONROE, La., (KNOE 8 News) - In Monroe, today, Governor Jindal formally announced a $150 million investment to repair around 360 miles of rural roads across the state.
The project is part of the Governor's initiative to bond out half of the State Highway Improvement Fund, which will generate $425 million over three years to repair approximately 1,100 miles of rural roads across Louisiana. In the first year, the $150 million will be used for nearly 80 projects.
Unlike major roadways, Non-Federal Aid routes are not eligible for matching funds from the federal government, which means there is less money available to fund projects for rural roads throughout the state. The State Highway Improvement Fund receives dedicated funding from commercial vehicle registration and license fees.
The legislation signed by the Governor will bond out half of the State Highway Improvement Fund, and the bonds will be structured so they do not last longer than the life of the roads being repaired.
Ty Russell will have a complete report on the Governor's announcement, on KNOE 8 News this evening.
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The mayors of New York, Los Angeles, Chicago and 15 other cities are reviving a push against letting food stamps be used to buy soda and other sugary drinks.
The mayors of New York, Los Angeles, Chicago and 15 other cities are reviving a push against letting food stamps be used to buy soda and other sugary drinks.
