Virginia’s transportation board plans to channel its limited funding away from secondary projects to deal with priority projects on high-traffic roads and bridges.
The commonwealth’s roads revenue has shrunk by an estimated $4.6 billion since early 2008, forcing the board to reconsider which projects to fund and which to cut. Higher priority projects for Interstate and primary roads will get funding originally intended for secondary and urban road projects.
The board has proposed saving $430 million by making 190 cuts through 2015, including 113 projects for secondary roads that would have cost $156 million and $46 million saved from 57 urban road projects. An additional $108 million will be redirected from eight Interstate projects, and $74 million for work on 11 primary highways are to be rerouted.
The Commonwealth Transportation Board plans to vote on the measures next month.
Source: TheTrucker.com: Virginia shifts scarce road funds to priority projects. Kevin Jones.
Click Here For Our Most Popular Pages
Leave a Comment