JFC approves additional $1.55 billion for transportation projects, changes transit funding source

The state would spend an additional $1.55 billion on transportation projects over the next two years, under a motion the GOP-controlled Joint Finance Committee approved tonight. With the additional funding, spending on transportation would hit $8 billion over the next two years, with bonding included. The new spending includes a one-time transfer of $555.5 million from the general fund -- made up ...