New York has spent billions on infrastructure in recent years, but a new report indicates that the money didn’t go as far as it would have in the past.
The state’s Association of Towns says inflation has had a major impact on infrastructure spending from the top down.
Fuel costs have increased 256%, asphalt prices have risen 77.5%, and steel prices jumped 115%.
Those are just a few of the costs that go into infrastructure rehabilitation.
Officials at all levels say these increased costs have had a major impact on ability to complete projects.
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