Map Act, natural disasters, and uncertain revenues: Why NCDOT is scraping the bottom of its cash reserves barrel

Editor’s note: This is part one in a two-part story, part two will look at the local Wilmington-area impacts of the budgeting constraints. NORTH CAROLINA — The North Carolina Department of Transportation (NCDOT) is in financial trouble thanks to unprecedented natural disasters like Hurricane Florence, lawsuit settlements due to the Map Act, and construction costs … Continue reading Map Act, natural disasters, and uncertain revenues: Why NCDOT is scraping the bottom of its cash reserves barrel