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Jacksonville's project will receive $16.6 million, while CDTA's project will receive $26.9 million.
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Plan would replace gas tax to pay for infrastructure, which could set precedent as new federal authorization debate is set to begin.
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The report, to be considered by the TTC board, recommends funding for the plan would come from Toronto's City Building Fund.
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Funding for the Central City BRT project is provided through FTA’s CIG Program, which provides funding for major transit infrastructure projects nationwide.
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This round of renewal work will not require any reductions or modifications in service for Amtrak and NJ TRANSIT trains.
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The 10-year, $10B program to upgrade regional rail infrastructure, and improve commute times ahead of 2028 Olympics.
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Also, transit agencies and other institutions outside of California can leverage the contract to simplify the electric bus purchasing process.
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The vehicles are the first of approximately 500 electric buses that will be purchased as part of the historic 2020-2024 Capital Plan.
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Sophie Guiny joins the team as an exceptionally accomplished transportation infrastructure funding and financing expert and will be based in the Washington, D.C. office.
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The report concludes that every dollar of public investment returns $2.82 in the form of jobs, infrastructure investment, productivity gains, environmental benefits, and money saved by riders.
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