Low gas prices putting strain on Kentucky’s road fund

FRANKFORT, Ky. (AP) – Lower gas prices are putting more strain on Kentucky’s road fund while bringing relief to consumers.

Transportation Cabinet officials said Tuesday that state motor fuels tax revenues are about $33 million below projections for the current fiscal year.

And in coming years, the gas tax is expected to take in much lower amounts compared to this year.

Acting Transportation Secretary Mike Hancock says the state needs to be prudent in stretching transportation dollars to cover as many projects as possible.

Hancock spoke to a House budget subcommittee. He outlined Gov. Matt Bevin’s proposal to spend $6 billion on roads and bridges in the next six years.

Rep. Dennis Keene says a plan is needed to generate more revenue to meet highway needs. Without it, he says economic development efforts will suffer.

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