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Tue January 7, 2014
ODOT No Longer Concerned With Decreasing Trust Fund
Oklahoma Department of Transportation officials said Monday they will set aside plans created over the holiday break about how to handle projects or lettings in 2014, after the mid-December budget deal approved by Congress generated some funds for states.
The new budget calls for $9.6 billion to be infused into the Federal Highway Trust Fund, which reimburses ODOT for eligible projects.
ODOT Director Mike Patterson said the agency is no longer concerned with federal highway funding and how it could affect ongoing and future projects in the state.
Back in November, Patterson told commissioners that the agency was going be more conservative in issuing new projects because of the uncertainties in federal funding.
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