RD143 - U. S. Route 58 Corridor Development Program
Executive Summary: Item 450 B.3. of Chapter 806 of the 2013 Acts of the 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, 2013. Total expenditures were $1.192 billion for the Route 58 Corridor Development Program. The expenditures by district are as follows: $440 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 2014-2019 Six-Year Improvement Program (SYIP) for the Route 58 Corridor Development Program may be viewed at: http://syip.virginiadot.org/ |