Dallas -
The federal government rescinded more then $8 billion in highway funds nationwide and Texas lost $742 million. "There is really no good time to give back money," said Kelli Petras, TxDOT's public information officer.
The reason the money was returned is because congress failed to pass a new version of a law that OK's funding for most highway, bridge and mass transit projects across the country.
"It's a huge part of our budget, we don't like to give anything back," said Petras.
While some states report having to cut current projects and jobs, TxDOT said, "we knew this was coming," and no current projects will be canceled or delayed.
According to Michael Morris, the transportation director with the North Central Texas Council of Governments, TxDOT will lose around 15% of the $700 million.
Morris said the state did a good job anticipating the proper allocations and didn't overextend itself.
The reason the money was returned is because congress failed to pass a new version of a law that OK's funding for most highway, bridge and mass transit projects across the country.
"It's a huge part of our budget, we don't like to give anything back," said Petras.
While some states report having to cut current projects and jobs, TxDOT said, "we knew this was coming," and no current projects will be canceled or delayed.
According to Michael Morris, the transportation director with the North Central Texas Council of Governments, TxDOT will lose around 15% of the $700 million.
Morris said the state did a good job anticipating the proper allocations and didn't overextend itself.
