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VOL. 43 | NO. 4 | Friday, January 25, 2019

Report: Tennessee needs $50B for infrastructure needs

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NASHVILLE (AP) — Tennessee's annual estimated cost for its needed public infrastructure improvements is now nearly $50 billion, marking an increase for the third straight year.

According to the Tennessee Advisory Commission on Intergovernmental Relations, that estimate is up by $5 billion — or around 11 percent — from last year. The group released the report this week.

Transportation and utilities projects make up most of the costs, with $25.9 billion projects identified that need to be in some sort of development between now and 2022. The second highest category was education improvements, like school renovations and additions, with $13.6 billion projects identified.

However, the report also notes that funding for more than two-thirds of the estimated costs of the needed improvements were not available when conducting the inventory.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0