(Received from the office of Governor Bob McDonnell)
Governor Bob McDonnell's comprehensive, long term transportation funding proposal, "Virginia's Road to the Future," would provide the Virginia Department of Transportation with approximately $1.28 billion in new state funding that could be used for 158 highway projects providing a significant investment in improving interstate pavement, secondary system bridges, mass-transit, unpaved roads and other high priority projects. The proposal will also provide $1.07 billion in new funds for rail and transit projects. In addition, the plan would prevent approximately $500 million of projects in the existing six year improvement program from being delayed due to a downturn in revenue projections.
Speaking about the transportation funding plan today, Governor McDonnell said, "The recommended list of transportation infrastructure projects represents a significant down payment on Virginia's transportation future. Every corner of the Commonwealth will reap the benefits of safer roads, quicker commutes and increased access to public transportation if this plan is adopted. A world-class transportation system is vital to both economic opportunity and to the quality of life of every Virginian. It is imperative that we act now to ensure that Virginia continues to lead the way as a top place to live, work and raise a family."
Among the highway, passenger rail and transit projects the governor would recommend are:
Funding for these projects are in addition to the funding in the Commonwealth Transportation Board's current Six-Year Improvement Program. The governor intends to recommend that the board advance these projects once his proposal passes the General Assembly.
The proposed highway project list can be found at: http://www.governor.virginia.gov/utility/docs/Illustrative%20List%20Highway%20Projects.pdf
The proposed transit and rail project list can be found at: http://www.governor.virginia.gov/utility/docs/Illustrative%20List%20Rail%20and%20Transit%20Projects.pdf