KDOT To Transfer Money From Highway Fund
12/09/2014

(KAIR)--The Kansas Department of Transportation has announced that they will transfer nearly $96 million out of the State Highway Fund.

The announcement was made in a press release issued Tuesday by KDOT. In addition, a three percent reduction from their operations budget will be included in a recession bill that will be considered by the state legislature next year. The reduction amounts to nearly $8 million out of an operations budget of $260 million, and while it will effect the agency's salary budget, there will be no layoffs or salary reductions.

Also, projects announced under the T-WORKS transportation program will continue as planned. Projects already let under the 10-year program have cost less than planned, federal and state revenues have been higher than previously thought, and bond rates have been more favorable than expected.


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