Laserfiche WebLink
10 <br /> <br /> <br /> <br />Federal funding comes from the federal gas tax of 18.4 cents, last increased in 1993. In 2000, Cass County <br />received $1.25 million in Federal Aid Highway Funds. With the changes from federal Fixing America’s Surface <br />Transportation Act (FAST Act), we receive approximately $1 Million in Federal Aid Highway Funds, which equates <br />to a 20% decrease. The 2024 projection is $1.36 Million, slightly above what we received back in the year 2000. <br />To keep up with the 7% construction cost index, Federal Aid Highway Funds should be approximately $2 million <br />a year. Since 2000 we have continued to receive between $400 to $700k in Federal Aid Bridge Funds every year <br />on average. Federal Aid as a percentage of the County’s total revenues has continued to decrease. In 2024 we <br />plan on constructing two bridges with $4.1 million in Federal Aid. In 2000, Federal Aid made up 21% of Cass <br />County’s revenues. From 2000-2005 Federal Aid averaged 19% of our total funding and from 2006-2012 it <br />averaged 13% of our total funding. Now Federal Aid only makes up 8% of our county revenues. While our costs <br />have increased 7% annually since 2005, our Federal Aid has increased to keep pace with costs. Over that same