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Funding for bridge project raises critical budget concerns

September 03, 2024 | Multnomah County, Oregon


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Funding for bridge project raises critical budget concerns
During a recent government meeting, officials discussed the funding sources for a proposed bridge project, emphasizing the importance of utilizing taxpayer funds responsibly. A key point raised was the specificity of the funds allocated for the bridge, which cannot be redirected to other pressing issues such as homelessness or the fentanyl crisis.

Margie Broadway, the director of community services, clarified that the funding for the bridge primarily comes from transportation-related sources, specifically vehicle registration fees (VRF) and gas tax funds. These funds were approved by voters and are designated solely for transportation projects. Broadway noted that the county is also pursuing federal transportation funds from the U.S. Department of Transportation (USDOT) and the Federal Highway Administration (FHWA), as well as potential loans through the Build Back America program.

The officials reiterated that the current plan does not involve tapping into the county's general funds for this project, ensuring that the financial strategy remains focused on transportation-specific resources. This approach highlights the board's commitment to fiscal responsibility and targeted funding for infrastructure development.

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