PA's Infrastructure Projects Threatened By Current Economy

PA's got one of the largest transportation systems in the nation, and it's a *yuge* part of the state's economy. 💸 But inflation and rising fuel costs are being a real Debbie Downer when it comes to keeping the infrastructure in tip top shape. 👷

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While it's doubtful I76 will ever stop being the bane of our existence, PennDOT has a lot on its plate and the cost of projects keeps going up. 📈

Here’s Five Fast Facts about the current situation :

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1. ⛽ A Little Gassy - 74% of PennDOT's revenue comes from gas tax. High gas prices mean less people on the road...and less money for PennDOT.
2. 🚧 Steeling The Loot - The cost of transportation projects are on the rise. The prices of steel, concrete, and asphalt are creeping up as well. 
3. 🔮 Cloudy Crystal Ball Vibes - PennDOT says that all current projects are moving right on schedule. It's the future projects they're most worried about.
4. 💅 Expensive Taste - Project bids are 10-15% higher than average now. That means contracts could cost $20-30 million more going forward.
5. 📋 Projects and Plans - PennDOT still has to bid on 63 more projects this year.

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🔥Bottom line: Roads are important and keeping them spiffy should be a top priority. However, the future is looking kinda grim when it comes to the price of new projects. Hopefully PennDOT can come up with the revenue they need to stay on track. And maybe throw in some extra to finally turn 76 into a driver's dream! 😁

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Any juicy infrastructure projects happening where you live? Let us know by connecting with us on Social Media and be sure to share this newsletter with any friends & coworkers!

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