Earlier this year, legislation to increase the gas tax by 10 cents per gallon passed at the state house. The Iowa DOT is wasting no time spending that money.
Tuesday, the Iowa DOT released its five year budget plan. It comes with a price tag of $3.2 billion, a $500 million increase over the last five year budget.
The additional revenue comes directly from the gas tax increase. The gas tax is expected to provide about $200 million dollars each year for highway and bridge improvements. That money is being split between the Iowa DOT and individual counties and cities.
"$500 million over this five year period is a significant amount of revenue that allows the commission to take a look at the needs that exist on the primary highway system, identify the needs that are most critical, and start making progress on those needs, " said Stuart Anderson, the director of the planning, programming and modal division at the Iowa Department of Transportation.
The DOT is splitting the money into three main categories. They include improvements on existing pavement and bridges, investment into additional safety measures, and four lane interchange projects.
A public comment period is open until June 9. On that date, the transportation commission will vote to approve a five year budget.
You can comment by visiting www.iowadot.gov.