RD88 - 2021 Biennial Report: Surface Transportation Performance in Virginia
In 2018, the General Assembly updated reporting requirements of the Office of Intermodal Planning and Investment (OIPI) and the Virginia Department of Transportation (VDOT), establishing a biennial reporting process for each organization. These reports ensure transparency and accountability in the use of transportation funds. The Secretary of Transportation has provided this report in writing to the Governor, General Assembly, and Commonwealth Transportation Board (CTB).
The report fulfills the requirements within the Code of Virginia [Section 33.2-232(*1)], including the following information:
» The current performance of Virginia’s surface transportation system, the targets for future performance (including those established by the CTB), and the progress toward such targets based on measures pursuant to the CTB’s goals.
» Information on the FY 2022 – 2027 Six-Year Improvement Program (SYIP).
» The results of the most recent project evaluations, pursuant to Section 33.2-214.12 (SMART SCALE).
» Status of the Virginia Transportation Infrastructure Bank and Toll Facilities Revolving Account, including balance, funding commitments, repayment schedules, and performance of the current loan portfolio.