- Associated Press - Thursday, January 23, 2014

JEFFERSON CITY, Mo. (AP) - Missouri transportation officials have suspended a cost-share program that has sped up the construction of some locally important road projects.

The state Highways and Transportation Commission says it has stopped accepting new applications in the cost-share program because of impending funding problems.

The commission also recently decided not to include any new major projects when updating its five-year construction plan.

Missouri’s budget for road and bridge construction has fallen from about $1.3 billion several years ago to $685 million this year and is expected to be less than half that by 2017.

Under the cost-share program, the transportation department has accelerated particular road projects if local governments agree to cover part of the costs. Since 1998, the program has been used for 178 projects around the state.

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