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Friday
Aug172012

Michigan May Spend $16 Million in Unspent Road Project Money 

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(DETROIT) -- Michigan may spend $16 million thanks to the U.S. Transportation Department freeing up over $470 million in unused funds for road projects, The Detroit News reports.

Transportation Secretary Ray LaHood said $473 million in highway earmarks between 2003 and 2006 remain unspent, and legislation permits him to make the funds available for eligible transportation projects. Michigan reportedly has $15.8 million in unspent funds for 28 projects that could be redirected, the paper says.

State departments of transportation with unspent earmarks will be able to use them on any eligible highway, transit, passenger rail or port project, and must identify the projects they plan to spend the money on by Oct. 1.

Copyright 2012 ABC News Radio

DateFriday, August 17, 2012 at 3:36PM AuthorKelly Knaub

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