RD164 - U. S. Route 58 Corridor Development Program


Executive Summary:
Item 450 B.3. of Chapter 3 of the 2012 Special Session I Acts of Assembly, directs the Commissioner of Highways to report on the cash balances in the Route 58 Corridor Development Fund. The report shall include: (i) a comparison of actual spending to allocations by project and district, (ii) expenditures by project, district and funding sources and (iii) a six-year plan for planned future expenditures from the Fund by project and district.

Allocations and expenditures are shown as of April 30, 2012. Total expenditures were $1.168 billion for the Route 58 Corridor Development Program. This includes $416 million in Bristol District, $80 million in Hampton Roads District, $145 million in Lynchburg District, $247 million in Richmond District, and $280 million in Salem District.

The FY 2013-2018 Six-Year Improvement Program (SYIP) for the Route 58 Corridor Development Program may be viewed at: http://syip.virginiadot.org/