Press Release
For Immediate Release

November 4, 2015

Rep. Loudenbeck Statement on Approval of Transportation Bonding 

Madison –Rep. Amy Loudenbeck (R-Clinton), member of the Joint Committee on Finance (JFC), issued the following statement on approval of the release and use of contingent highway bonds:

“My vote to release $350 million of bonds, which was already approved as part of the 2015-2017 State Budget, will allow the I-39/90 expansion and other critical infrastructure projects to move forward.

“This bonding will help us bridge the gap between revenues and expenses, but is not a long-term solution.  I remain committed to working with stakeholders on a funding solution that is adequate, equitable and sustainable.  I am hopeful that we can continue the conversation on what a long-term solution might look like, so that we have some consensus going into the next 2017-2019 budget.” 

Today’s vote by the Joint Committee on Finance approves a total of $350 million in contingency bonding with $200 million available in 2015-16, and an additional $150 million available in 2016-17.