Maryland to Run Out of Road Building Funds by 2018

Analysts' best estimates project 100% of gas-tax funds will need to be spent on maintenance within five years

Maryland has no money to build new transportation projects and in five years won't have enough money to maintain its roads and transit. The state's transportation trust fund will have roughly $4 billion to spend between now and 2018, according to the General Assembly's Office of Policy Analysis. 

Estimates by the Maryland Department of Transportation are about $2 billion more optimistic, estimating the state would have nearly $6 billion to spend on transportation in the same period.

But even if the Transportation Department's assumptions are right, the state still will be running out of money by 2018, when roughly 80 percent of the funds for transit and 100 percent of the State Highway Administration's funds will be spent on maintaining existing infrastructure.

(more on Maryland's inadequate transportation funds . . . )