Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Liquid Mutual Funds: The Silent Positioning Strategy in a Fragile Market – Money Insights News
    • Planning to invest Rs 5,000 in mutual funds? Can multiple SIPs give you extra return, find out here
    • Emerging Markets ETFs: EEM Boasts Higher Returns, SCHE Has Lower Fees
    • Minister says NS&I will pay some compensation as bereaved families report premium bond delays
    • These 3 High-Yield Dividend ETFs Are Crushing the S&P 500. Here’s the Best Buy for April.
    • Less than half equity mutual funds offer positive returns in FY26. Were they a part of your portfolio?
    • Bereaved families report premium bond delays, with minister due to make NS&I statement
    • Commercial property investment opportunity is ‘very strong’
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Victorville lacks funds for speedy road construction
    Funds

    Victorville lacks funds for speedy road construction

    August 16, 2024


    Victorville Public Information Officer Sue Jones explored the Victorville road improvement budget with civil engineer Fredy Bonilla on the new “What’s the Tea VV” city podcast.

    The two explored the burning question for most Victorville residents: why is it such a challenge to fix High Desert streets?

    The main challenges, according to Bonilla, are Victorville’s size and funding. The city is 74 square miles in mass with almost 500,000 square feet of pavement.

    “We just don’t have enough funds to be able to repave every road,” Bonilla said.

    Budget in action: Road repairs

    Road construction projects don’t have a local source of revenue. They’re dependent on the state gas tax and the county’s half-a-cent sales tax.

    The limited funding for pavement rehab projects including maintenance of existing roads and infrastructure is only about $10 million this fiscal year, according to Bonilla. That excludes the construction of new roads, which are typically built by developers.

    Roughly $3.5 million is allocated to personnel, maintenance, and operations of existing roadway – filling potholes and sealing cracks.

    City officials said 70% of the budget goes toward projects – repaving roads and city-wide rehabilitation.

    The city hires a consultant who does a Pavement Condition Index survey of all Victorville roadways. This is done in three phases over the course of three years and is utilized as a planning tool to rate the roads, city officials said.

    The survey identifies a cost-to-benefit ratio. Roads worth fixing bring maximum benefit to the city, taking annual traffic into account. Larger roads like Bear Valley Road and Mojave Drive have higher cost-to-benefit ratios and are selected for road repair over smaller neighborhood roads.

    Why is road construction so expensive?

    The cost of roadway construction has increased almost 30% in the last couple of years, according to Bonilla.

    “Our budget grows each year but not enough to keep up with the rising cost of construction.”

    Victorville road projects can’t take money from other sources, either. Enterprise funds are tied to certain city improvements, and those improvements only.

    The solution, Bonilla offers, is to allocate local revenue that can be used specifically for roadway projects.

    What’s next?

    Accessibility and major road repairs are at the top of the road construction list under the current budget.

    The city of Victorville just completed a grant application to the state to fully develop Mojave Drive along the north side to “full standards.” This includes an additional lane of travel, curbs, gutters, and sidewalk street lighting all along developed parcels.

    “Since the properties are already developed, it falls on the city to construct those things,” Bonilla said.

    Current projects via county grants include the second phase of the Old Town Sidewalk Project adding nine new sidewalk segments, and a project that’s budgeted for Village Drive between Puesta del Sol and Tawney Ridge.

    Because the city doesn’t have specific funding set aside for sidewalk projects, they have to be aggressive with grant applications.

    In the meantime, civic engagement is very important.

    Bonilla encourages Victorville residents to let their communities know if a road needs significant repair. The Public Works Department is equipped to do several things “in-house” like filling a pothole and sealing cracks.

    McKenna Mobley is a Daily Press reporter and can be reached at mmobley@gannett.com.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    S&P 500 vs. Total Market Index: Best for Long-Term Growth?

    March 24, 2026

    Investors have $4.8 trillion in target-date funds—how to choose one

    March 24, 2026

    Bond funds that crushed inflation, and the ones that lost your money

    March 24, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    Emerging Markets ETFs: EEM Boasts Higher Returns, SCHE Has Lower Fees

    March 26, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Liquid Mutual Funds: The Silent Positioning Strategy in a Fragile Market – Money Insights News

    March 26, 2026

    In the current market environment, investors are constantly searching for the next outperforming segment whether…

    Planning to invest Rs 5,000 in mutual funds? Can multiple SIPs give you extra return, find out here

    March 26, 2026

    Emerging Markets ETFs: EEM Boasts Higher Returns, SCHE Has Lower Fees

    March 26, 2026

    Minister says NS&I will pay some compensation as bereaved families report premium bond delays

    March 26, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    US market volatility puts ‘buffer’ ETFs in the spotlight By Reuters

    August 13, 2024

    What Investors Need To Consider

    October 1, 2025

    Don’t Make These 7 Investing Mistakes That Could Cost You

    July 22, 2024
    Our Picks

    Liquid Mutual Funds: The Silent Positioning Strategy in a Fragile Market – Money Insights News

    March 26, 2026

    Planning to invest Rs 5,000 in mutual funds? Can multiple SIPs give you extra return, find out here

    March 26, 2026

    Emerging Markets ETFs: EEM Boasts Higher Returns, SCHE Has Lower Fees

    March 26, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.