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Rail News: Passenger Rail
6/22/2012
Rail News: Passenger Rail
Virginia allocates $11.4 billion for transportation improvements
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The Commonwealth of Virginia’s Transportation Board (CTB) has approved $11.4 billion in allocations for transportation improvement projects over the next six years, including funding for rail, transit, highway, and road and bridge projects.
The program, which will begin July 1, includes $2.4 billion for rail, transit and other improvements; and $9 billion for roads, highways, bridges and debt service.
“The six-year program advances projects that will relieve congestion in the most heavily traveled areas of the state and improve numerous roads and bridges throughout Virginia,” said Virginia Gov. Bob McDonnell in a prepared statement. “The program also supports a better multi-modal system, moving more people with fewer cars.”
In addition, the CTB approved fiscal-year 2013 annual budgets for the Commonwealth Transportation Fund, the Virginia Department of Transportation and Virginia Department of Rail and Public Transportation (DRPT).
The DRPT’s $509 million budget includes public transportation and commuter assistance programs, and the Dulles Corridor Metrorail project.
The program, which will begin July 1, includes $2.4 billion for rail, transit and other improvements; and $9 billion for roads, highways, bridges and debt service.
“The six-year program advances projects that will relieve congestion in the most heavily traveled areas of the state and improve numerous roads and bridges throughout Virginia,” said Virginia Gov. Bob McDonnell in a prepared statement. “The program also supports a better multi-modal system, moving more people with fewer cars.”
In addition, the CTB approved fiscal-year 2013 annual budgets for the Commonwealth Transportation Fund, the Virginia Department of Transportation and Virginia Department of Rail and Public Transportation (DRPT).
The DRPT’s $509 million budget includes public transportation and commuter assistance programs, and the Dulles Corridor Metrorail project.