Meeting the ever-increasing transportation network needs of its residents has become significantly more challenging due to the State's revenue shortfalls, which has resulted in reduced state funding for boroughs and municipalities.
As stated by the Alaska Dispatch News (26 June 2017) ‘Local governments around Alaska depend on state funding much more than they did about a decade ago, and the impact of a state budget that has dwindled in recent years will likely force many communities to make changes to adapt. “It seems inevitable that local governments will need to either raise taxes or reduce services as aid from the state drops,” the ISER (Institute of Social and Economic Research at the University of Alaska Anchorage) report said. Between 2012 and 2016, plummeting oil prices caused Alaska’s budget to decline 90 percent, the study explained. The last-minute budget the Legislature passed recently didn’t address measures to fix the state’s $2.5 billion budget deficit. A big reason for the study, said author and UAA economics professor Mouhcine Guettabi, was to get a better understanding of what the state’s budget crisis would mean at a local level all around the state. “Going forward, it’s difficult to imagine those dollars continuing to flow,” Guettabi said. “So where do local or borough governments go from here?”’
The following is a list of potential transportation projects identified by the Mat-Su Borough. The majority of these projects are on MSB-owned property, although some share right of way with the State.