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Joint Finance approves extra highway salt & plowing dollars

MADISON, Wis. (Wheeler News Service) -- Highway departments will not have to worry about cutting back on road maintenance this summer.  The state Legislature's Joint Finance Committee agreed today to give the D-O-T almost 27-and-a-half million dollars.  

The extra dollars are supposed to cover the state and the counties' extra costs of plowing snow and buying road salt during the brutal winter.  Some counties said they had already spent their entire 2014 snow-and-ice control budgets -- and more.  Without the extra state funding, they feared cutbacks in summer highway maintenance.  

The state was forced to buy an extra 150-thousand tons of salt at premium prices.  

Also today, the finance panel agreed to have the firm of Sun Mountain Kegonsa manage the state's new 25-million-dollar venture capital fund to help new Wisconsin businesses get off the ground.