commentMissouri's transportation department unveiled plans on May 5 for dramatic cost cutting measures that will trim 1,200 staff positions, or 19% of its workforce. The department also will close 135 facilities and sell 740 pieces of equipment. The agency's five-year, $1.2-billion budget is being halved to $600 million due to severe revenue shortfalls. The reductions will create an estimated $512-million onetime savings as well as $117 million in long-term annual savings. The proposed program is “a matter of survival,” says state transportation director Kevin Keith. The cuts will scale back department facilities by 40% and reduce its equipment fleet by 12.6%.
----- Advertising -----
Sign in to Comment
To write a comment about this story, please sign in. If this is your first time commenting on this site, you will be required to fill out a brief registration form. Your public username will be the beginning of the email address that you enter into the form (everything before the @ symbol). Other than that, none of the information that you enter will be publically displayed.