Richmond, Va. — Localities throughout Virginia will receive approximately $180 million in state matching funds, which advances nearly $880 million in transportation projects to improve roads, bridges, sidewalks, trails and traffic lights in their area. The Commonwealth Transportation Board (CTB) approved the funding through the state’s Revenue Sharing Program during its meeting in June.
“Localities across the state, from rural counties to large urban cities, are able to make critical transportation improvements in their communities with state dollars,” said Transportation Secretary Aubrey Layne. “The Revenue Sharing Program provides a unique opportunity for the state and local governments to work in partnership to responsibly invest transportation dollars and support projects that enhance economic development opportunities in their locality.”
“The Revenue Sharing Program is an essential funding source for localities to proceed with their transportation priorities,” said Charlie Kilpatrick, commissioner of the Virginia Department of Transportation (VDOT). “The state’s contribution of $180 million advances projects valued almost five times that investment. Many projects will move forward to improve transportation throughout the commonwealth.”
Below is a partial list of projects that will advance under the Revenue Sharing Program
A full listing of projects is available at www.ctb.virginia.gov/resources/2014/june/Resolution_Agenda_Item_5_Allocations.pdf.