Prince William needs billions for road projects

Published December 16, 2008 5:00am ET



Prince William County needs $2.7 billion to pay for all the roads and other infrastructure necessary to keep up with projected population growth in the next five years, but has only $155 million in its budget to pay for it, the county executive said Tuesday.

County Executive Craig Gerhart stressed that county funds based on bonds, proffers and recordation taxes are struggling because of a bleak real estate market.

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