Even a reasonable and prudent municipality that budgeted for optimal asset management would have been wrecked by material costs increases in concrete and asphalt. Most munis have been neither prudent or planful and have operated on a 'pay as you go' ad-hoc basis, without any kind of asset management plan, and are hence overbuilt and over-extended.
The feds don't require asset management plans from DOT's because they like process. They require it because they are on the hook (politically) for quite a lot of spending, and they want to make sure that what their money buys gets taken care of. Of course, that obligation has mainly been honored in the breach[3], through willfully ignoring aforesaid plans, which then required the FAST/MAPS act requirements, which essentially says "you have to spend at least enough money on maintenance that pavement condition doesn't get worse". [1]
But for most munis, from an economic competitiveness perspective, road quality is just one among a plethora of factors. Terrible roads but amazing schools is a reasonable trade-off some places elect to make.
The real questions for most munis is "Do you really need that lane there? Sure, it's nice at 8a on a Monday morning, but is it worth the million bucks every ten years[2] to have it for those ten minutes?".
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[1] West Virginia an interesting case. Lots of roads there are narrow, built entirely without any shoulder whatsoever-- you leave the pavement, and you are going over the edge. But it does mean, in terms of square meters of pavement that requires maintenance, WV is doing ok. A wider should would make things safer (so many car crashes in WV) but that would also mean far fewer paved roads. A 2' should on every 8' lane would mean 25% fewer paved lane miles, with an accompanied reduction in roadway access.
[2] "Why do we need to pay for it--we already built it" is crankery. Everything is always constantly breaking down. We just don't notice it until it's too late, because the breakdown is exponential. Roads, human health, house roofs. It's all fine until it's not, and then it's an emergency, and emergencies are costly to fix.
[3] 'Fix-it-first' is a half-measure; politics means money goes to where it shows--filling pot-holes and patching cracks, while the very foundation of the road is washed away due to a clogged drainpipe.