CHARLESTON, S.C. (AP) South Carolina’s Transportation Department will be broke within a matter of weeks unless the federal government agrees to help.
The Post and Courier of Charleston reported that SCDOT had just over $28 million on hand August 12 and nearly $120 million in immediate outstanding debts. This means salaries for DOT workers and payment to contractors who build and repair highways are on the line.
An expected $28 million deposit from the Federal Highway Administration this week won’t be enough. So the agency has asked the federal government for an additional $52 million in speeded up highway construction reimbursements. SCDOT took that action after a Post and Courier story revealed the agency’s money woes.