The cash-strapped N.C. Department of Transportation, which laid off hundreds of temporary workers and delayed plans for about 900 road projects in August, has received a $200 million emergency funding boost from the state legislature.
The legislation comes after the agency faced a slew of hurricanes and storms and legal settlements that have siphoned off the agency’s cash reserves.
At one point last month, the debate got so heated that State Treasurer Dale Folwell called for James Trogdon to be fired from his post as state transportation secretary due to agency overspending.
On November 14, legislation was passed to provide a $100 million loan for repairs caused by natural disasters and to allow the agency to issue $100 million in additional bonds. A $90 million state loan to the agency was also forgiven.