Congress Completes Latest Disaster Aid Bill
October 31, 2017 in News , Financial
Congress Completes Latest Disaster Aid Bill

The Senate on Oct. 24 followed the House in passing legislation to provide $36.5 billion in disaster relief for victims of recent hurricanes and wildfires, and President Trump signed into law Oct. 26. Also included is emergency credit to Puerto Rico to keep its government functioning, the Wall Street Journal reported. The Journal said the disaster-relief bill, which passed 82-17, includes $18.7 billion for the Federal Emergency Management Agency's disaster-relief fund, $16 billion to reple...

Highway Trust Fund Excise Tax Receipts Showed No Growth in Fiscal 2017
October 31, 2017 in News , Featured , Financial
Highway Trust Fund Excise Tax Receipts Showed No Growth in Fiscal 2017

The government's combined receipts from all excise taxes in the Highway Trust Fund showed no growth in the federal fiscal year that ended Sept. 30, the Treasury reported, as a large decline in retail taxes on commercial trucks more than offset mild gains from fuel taxes. In its monthly statement for September , the final month of the fiscal year, the Treasury said total HTF excise tax receipts net of refunds were $41.127 billion for the past 12 months, down 0.5 percent or almos...

FHWA Awards More than $15 Million to Six States for Exploring New Ways to Pay for Highways
October 27, 2017 in News , Financial
FHWA Awards More than $15 Million to Six States for Exploring New Ways to Pay for Highways

WASHINGTON – The Federal Highway Administration (FHWA) today announced $15.5 million in Surface Transportation System Funding Alternatives (STSFA) grants to six states that are exploring new ways to fund highway and bridge projects. Alternatives to conventional financing are seen as imperative, FHWA officials said, due to the Highway Trust Fund’s gradual inability to keep pace with increasing construction and repair costs nationwide. “To ensure the U.S. road system is the best in the world, w...

VW Trust Takes Effect, Starts Process for States to Begin Using $3B in Project Funding
October 24, 2017 in News , Financial
VW Trust Takes Effect, Starts Process for States to Begin Using $3B in Project Funding

After months of court filings to finish a major legal settlement by automaker Volkswagen over charges of violating the Clean Air Act, a countdown has begun for states to tap into a nearly $3 billion mitigation projects fund VW has established for the transportation sector. States and tribes can use funds the trust set aside for them over 10 years to pay for a range of projects aimed at reducing their transportation emissions, such as replacing older-model trucks or fleet vehicles, acquiring z...

Reports: Trump Tells Senators Tax Reform Can Pay for Infrastructure Plan
October 24, 2017 in News , Featured , Financial
Reports: Trump Tells Senators Tax Reform Can Pay for Infrastructure Plan

President Trump told members of the tax-writing Senate Finance Committee that lawmakers can find funds to pay for a major infrastructure investment program out of a pending tax overhaul, and could perhaps combine those measures, news reports said. That, along with reports that Trump also told lawmakers he is still pushing for an infrastructure plan while aides said they continue to develop an administration proposal, raised the issue's profile at a time that some observers felt a project fund...

Billion-Dollar Projects Fuel Spike in Private Sector Infrastructure Investment
October 23, 2017 in News , Featured , Financial
Billion-Dollar Projects Fuel Spike in Private Sector Infrastructure Investment

Singapore: Multi-billion dollar projects are fueling stronger private sector investment in infrastructure projects in developing countries, which increased by 24 percent from 2016 levels, reflecting US$36.7 billion across 132 projects, says a new World Bank Group report.   However, although the growth of larger-sized projects is contributing to improved figures for the first half of 2017, investment levels remain 15 percent lower than the half-year averages of the past five years, reports...

Governor McAuliffe Announces USDOT Approval of Federal Loan for I-66 Public-Private Partnership
October 23, 2017 in News , Financial
Governor McAuliffe Announces USDOT Approval of Federal Loan for I-66 Public-Private Partnership

RICHMOND – Governor Terry McAuliffe today announced that the United States Department of Transportation (USDOT) issued their approval to provide a $1.2 billion Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for the I-66 Outside the Beltway public-private partnership transportation project. The TIFIA loan represents 33 percent of the project’s total cost. The Commonwealth’s private partner on the I-66 Outside the Beltway Project, a consortium of Cintra, Meridiam, Ferrovi...

Fires Plague California as Latest Disaster Aid Package Moves in Congress
October 17, 2017 in News , Financial
Fires Plague California as Latest Disaster Aid Package Moves in Congress

A new spate of natural disasters in the form of wildfires has left at least 31 people dead in northern California, disrupted transportation there and added to the nation's growing cost of infrastructure repairs. President Trump approved a disaster declaration for the state, clearing the way for federal aid to flow. Most of the fires were in California's wine-growing area, and in a series of state disaster declarations Gov. Jerry Brown said the damages included shutdowns of major roads....

Idaho Transportation Board Approves Additional $100 Million in Funding for I-84 Corridor
October 17, 2017 in News , Financial
Idaho Transportation Board Approves Additional $100 Million in Funding for I-84 Corridor

BOISE – The Idaho Transportation Board approved a resolution to allocate more than $100 million toward funding expansion in the Interstate 84 Caldwell to Nampa Corridor during the monthly meeting today (Thursday, Oct. 12) in Boise. “The Transportation Board recognizes the need to address congestion in this corridor and are focusing funds here to make greater gains toward improving the corridor,” said Transportation Board Chairman Jerry Whitehead. Funding sources include the Transportation...

Oregon Awarded U.S. Dept. of Transportation Grants to Enhance its Premier Road Usage Charge System
October 16, 2017 in News , Financial
Oregon Awarded U.S. Dept. of Transportation Grants to Enhance its Premier Road Usage Charge System

SALEM, Ore. – The U.S. Department of Transportation last week awarded Oregon a grant of $2,315,000 to enhance Oregon’s existing road usage charge program (OReGO), as well as a $2,590,000 grant to implement a joint project with California that will integrate the states’ road charging programs. Both grants will help expand the state’s understanding of the technology used in the OReGO program and its ability to support local, state, regional and even national transportation funding needs.   “...

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Video: Crashes Drop Measurably After Rural Road Safety Improvement Project on US 521 in Lancaster County

Video: Crashes Drop Measurably After Rural Road Safety Improvement Project on US 521 in Lancaster County

AdventHealth Weaverville Hospital

AdventHealth Weaverville Hospital

June Issue 2026

June Issue 2026