The South Carolina Transportation Commission has given final approval to a plan projecting the state will need to spend another $60 billion during the next quarter century on roads, reports The Associated Press.
The Statewide Multimodal Transportation Plan was the topic of public hearings around the state earlier this year. The plan rojects that by 2040, the state will need to spend another $70 billion on transportation — about $60 billion of it on roads.
According to the plan, with current revenue projections of only $28 billion during that period, the state will be about $1.5 billion short each year of meeting its highway needs.
In a news release, Commission Chairman W.B. Cook said that “the commission will discuss how to get the money.”