Yesterday, The Texas Transportation Commission approved $76 million in funding for 54 transportation-related projects that will improve the environment through visual enhancements around the state. This approval gives TxDOT the go-ahead to continue with funding for the Transportation Enhancement Program.
In a separate action, the Commission unanimously approved about $250 million in highway project contracts funded by Proposition 12 proceeds. The approval marks the first letting of funds approved for the proposition.
Read more about the Commission's approvals in the TxDOT news releases here and here .
“Doing nothing is not an option,” said Finn. “Many state and local governments are seriously considering an expansion of tolling, with support across the political spectrum.”
Click here to read the news report from HNTB Corporation.The Texas Department of Transportation (TxDOT) has spent the last six months developing a new Statewide Long-Range Transportation Plan to analyze the state’s growing transportation needs. This new plan is the foundation for many efforts underway at TxDOT, and includes the efforts of local, regional and federal transportation partners. TxDOT is now looking for public feedback to enhance the proposal.
Between August 2 and August 13, TxDOT will be holding a final round of open-house style public meetings throughout the state. Meetings will allow the community a chance to interact with experts and find out about the plan, how it was developed and what TxDOT learned. Texans will also be able provide input and comments.
In a letter to the public, TxDOT announced that this new plan promises to provide a framework for developing and implementing a multi-modal transportation system through 2035. TxDOT has also considered funding sources to meet their new needs through 2035
Following this upcoming round of public meetings, TxDOT plans to analyze the feedback received, and finalize their proposal. They anticipate submitting the plan for adoption to the Texas Transportation Commission in the fall.
Click here for more information on the Statewide Long-Range Transportation Plan.
Click here to view the July TxDOT newsletter (which includes open-house details).
“With this public-private approach, the state is able to leverage limited tax dollars to create billions of dollars in congestion-relieving roadway benefits for local drivers, while also creating new jobs for Texans,” said Nicolas Rubio, president of Austin-based Cintra US, the lead partner in the consortium.
According to the LBJ Infrastructure Group, LBJ Express is the first privately funded road development project of its kind in the country to attain financial close in 2010. Projects such as the LBJ Express are the future of highway development in
“The best solutions are going to be those in which actions by transportation agencies are complemented by businesses, manufacturers and commuters,” said TTI researcher Tim Lomax. “There’s a mindset that says that this is a city government’s job or a state DOT’s job, but the problem is far too big for transportation agencies alone to address it adequately.”
Click here to read the full article in the Bond Buyer.