States boosted their total capital spending, including construction and major repairs to roads, buildings and other infrastructure, by 5.7% in fiscal year 2017, to an estimated $107 billion, the National Association of State Budget Officers (NASBO) said in a new report.
NASBO's 2017 report on all state expenditures, released on Nov. 16, shows that transportation again was the top capital-spending category, with $70.2 billion, up 7.6% from 2016. Federal funds accounted for $27.8 billion, or 39.6%, of the transportation total.