The Wood County Highway Administration says their roads need repair. In fact, they're actually falling behind in touching up some roadways. The highway administration is asking the county board to borrow around $4 million to pay for improvements. But the current budget for county roadways -- won't cover the costs. And if the proposal to borrow the money does not pass, the finance director says he's not sure where the funds will come from.
"This borrowing for highway projects is a viable solution to our budget problems, and for falling behind on the highway construction,” Explains Wood County Finance Director, Michael Martin.
Many times the state will provide aid to counties who need more funds to repair roadways like the situation in wood county. But the county's financial director says that funding is not guaranteed
"The state has got its own budget concerns, budget issues, and getting around to the county roads might not be in the next year, or handful of years,” said Martin.
Wood County taxes would increase about $10 for a $100,000 home.
A meeting to discuss the issue is set for July 15th but if the borrowing of funding isn't approved then, the solution
"If it is rejected, we're going to have some issues with the 2015 budget and we're getting into that process this month. I don't have any real brilliant solutions for generating enough money for, not only the highway construction, but our operating costs as well,” explained Martin.
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