RD68 - Report on the Innovation and Technology Transportation Fund – January 24, 2020

Executive Summary:

Section 33.2-1531 of the Code of Virginia establishes the Innovation and Technology Transportation Fund (ITTF). ITTF monies are to be used solely for the purposes of funding pilot programs and fully developed initiatives pertaining to high-tech infrastructure improvements that reduce congestion, improve mobility, improve safety, provide up-to-date travel data, or improve emergency response. There are currently thirty-nine projects included in the ITTF program. Of those, thirteen were added with the approval of the Commonwealth Transportation Board (CTB) in June 2019.

This report provides an update of the earlier twenty-six projects and descriptions of the new projects. The graphic below categorizes the new projects according to the ITTF goals that each project will contribute.