- In survey, 82% of cities said their funds will go to roads
- Drinking water projects also score high on the priority list
Most US cities will pour their share of the federal infrastructure spending package into fixing crumbling roads and bridges, prioritizing motor vehicle infrastructure over other projects like public transit, airports and railways.
About four in five cities said they plan to spend their money on local roads, bridges and major projects, with 56% prioritizing road safety, according to a survey of 153 localities conducted by the National League of Cities and Polco. About 60% said they would use funds from the Infrastructure Investment and Jobs Act on water projects.
A little more than a third of the municipalities said they would spend their money on broadband Internet access. About 26% said they’d put the money toward public transportation, while a little more than a quarter cited electric vehicles, buses, and ferries. Just 13% identified airports as a spending priority. Ports and waterways and passenger and freight rail came in at the bottom with less than 10% each.
Bloomberg Markets
By Mackenzie Hawkins
July 19, 2022, 11:41 AM PDT