(tn.gov/Peg Broadcasting News)
Tennessee needs at least $58.6 billion worth of public infrastructure improvements over a five-year period to June 2024 according to a new report by the Tennessee Advisory Commission on Intergovernmental Relations (TACIR). Of the $3.8 billion increase in infrastructure needs reported in this year’s inventory, almost $3.0 billion (80.1%) is attributable to increases in the estimated cost for transportation and utilities, which are roughly $32.8 billion. The second highest category was education, including, school renovations and additions at $14.2 billion. Health, Safety, and Welfare costs are estimated at $7.7 billion; Recreation and Culture: $2.2 billion; General Government: $1.5 billion and Economic Development: $286 million. The full report is available on TACIR’s web site.