» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 45 | NO. 4 | Friday, January 22, 2021

Report: Tennessee needs $58B for infrastructure improvements

Print | Front Page | Email this story

NASHVILLE (AP) — A state panel says Tennessee's annual estimated cost for needed public infrastructure improvements over a five-year period is at least $58.6 billion, a total that's on the rise for a fifth-straight year.

According to the Tennessee Advisory Commission on Intergovernmental Relations, that estimate is up by $3.8 billion compared to last year, a 6.9% increase.

The group released the report this week for projects that need to be in some state of development from July 2019 through June 2024.

Transportation and utilities projects make up most of the costs at $32.7 billion. The second highest category was education, including, school renovations and additions at $14.2 billion.

The report estimates that 65.1% of the funds required to meet the infrastructure needs were not available at the time the inventory was conducted, compared to 67% percent last year.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0