The Commonwealth Transportation Board (CTB) recently approved the FY 2022-2027 Six-Year Improvement Program (SYIP), which allocates $24 billion to highway, rail and public transportation over the next six years.
The board also approved the FY 2022 budgets for the Commonwealth Transportation Fund, the Virginia Department of Transportation (VDOT), and the Department of Rail and Public Transportation (DRPT). The Commonwealth Transportation Fund Budget distributes funding for allocation to Highways, Rail, Transit, Ports, Aviation, Space Flight and the Department of Motor Vehicles. The SYIP includes $17.2 billion for highways and $5.8 billion for rail and public transportation.
See the full list of all the Smart Scale applications submitted for the SAWMPO and CSPDC region: Smart Scale Round 4 funded projects.
Sources:
VDOT