The Associated General Contractors of America (AGC) applauded the American public, who voted in support of investing in the future of the country as they cast ballots for the new president and Congress. Voters in eight states expressed strong support for infrastructure investment by approving more than $12 billion for public works projects. Most of these ballot initiatives addressed transportation and water funding; however many states approved initiatives for improving building infrastructure investment, which will assist in addressing long-standing needs, producing jobs and stimulating economic activity that will help put our nation back on track.
Some of the noteworthy ballot initiatives that won approval include:
• Alaska: $315 million in bonds for state transportation projects.
• Arkansas: $300 million in bonds for the financing and refinancing of the development of water, waste disposal, water pollution control, abatement and prevention, drainage, irrigation, flood control and wetland and aquatic resources projects.
• California: $9.95 billion in bonds for planning and constructing a high-speed train between Los Angeles and San Francisco. $980 million in bonds for the construction expansion, remodeling, renovation, furnishing, equipping, financing or refinancing of children’s hospitals in the state. Additionally, San Diego County voters approved 3.2 billion in funding for new schools and improvements to existing schools.
• Maine: $3.4 million in bonds for drinking water programs, construction of wastewater treatment facilities and for leveraging $17 million in other funds.
• Missouri: a change in financing of storm water control and the cap was removed on available funding.
• New Mexico: $11 million to make capital expenditures for libraries, $57 million for health facility improvements, $140 million for higher educational and special schools capital improvements and $14 million for senior citizen facility improvements and construction.
• Pennsylvania: $400 million for construction and improvement of drinking water and storm water projects, nutrient credits and wastewater treatment facilities.
• Rhode Island: bonds to match Department of Transportation federal funds for highways, roads and bridges and commuter rail and to purchase or rehabilitate buses.
In addition to the state ballot initiatives, billions of dollars in infrastructure projects were approved through county and municipal initiatives that will benefit the country. Many of the local initiatives were for local school districts and community colleges while some local municipalities approved transportation funding.
For more information, visit www.agc.org.