Axios Nashville reports, the draft of a new report from the Tennessee Advisory Commission on Intergovernmental Relations (a state agency) concludes that the cost of fulfilling Tennessee’s current infrastructure needs has increased to $62.9 billion, and transportation projects alone account for $34.7 billion. Governor Bill Lee (R) proposes to narrow the transportation funding gap without raising taxes or incurring debt. He is expected to reveal more details about proposals to develop tolled express lanes on the P3 model when he delivers his state of the state address next week.
