Local governments plan to spend the majority of their Infrastructure Investment and Jobs Act funds on roads, with water and broadband projects also getting high priority. That’s according to a joint survey by the National League of Cities and Polco, in which 82% of respondents said they intended to spend federal dollars on roads, bridges and major projects. Of those surveyed, 60% plan spending on water, 56% on road safety, 36% on broadband, and 27% on resilience. Another 27% said clean energy and power, 26% public transportation, 26% on electric vehicles, buses and ferries, 24% on environmental remediation, 13% on airports, 9% on ports and waterways and 7% on passenger and freight rail.
Source: The Bond Buyer
Source: The Bond Buyer
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