Where Did the Funds Go to Fix Our Streets?

With all the plans swirling around about fixing our streets and all the new taxes that will be required, I was wondering, where did the existing money go for fixing our streets?

As I blogged before, in a public meeting last fall Randi Miller stated to a group of about 30 business people that currently there were funds in excess of $200 million available to fix the Tulsa streets (she was referring to the City of Tulsa and not Tulsa County).

She said the problem was finding the contractors to do the job. With all the road construction downtown and on the myriad of other public projects in Tulsa, the labor to accomplish this is rather thin. And $200 million is quite a bit of money and would involve numerous projects that would keep contractors busy for years.

Perhaps our long term needs are in excess of $1 billion, but isn't that the infrastructure that was envisioned in the 3rd Penney sales tax? I suspect over the years that those funds have been siphoned off for other priorities.

Who can shed some light on this?