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Like the first seven rounds, grants will fund capital investments in surface transportation infrastructure and will be awarded on a competitive basis for projects that will have a significant impact on the nation, a metropolitan area or a region.
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Proposal calls for a $10-per-barrel fee on oil production to fund public transit annually, with another $10 billion going toward new federal funding streams for cities and states that cut carbon emissions from their transportation sectors
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Highlighted in his report to the Board included fiscal stability with the creation of a Risk Allocation Matrix to deal with future operational deficits and optimization of Metro services and fare media in the coming years.
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Although many of us are still combing through its pages, and implementation of the new bill will come in the form of regulations yet to be written, several things are clear now.
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The audit found TAPS had not submitted sufficient documentation for its requests for reimbursement, did not have processes in place to ensure compliance with TxDOT agreements and that its cost allocation methods were not sufficiently supported.
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Once complete, the Lewisville Hike and Bike trail will run from DCTA’s Hebron Station all the way to the Highland Village/Lewisville Lake Station. Construction on the last portion of the Lewisville Hike and Bike trail is expected to begin in early 2016.
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Federal officials, which were set to award the project $250 million this month, are concerned that the Honolulu City Council has yet to take a final vote on extending the excise tax for five years to help pay for the system.
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On the university’s busiest days, more than 4,000 students are biking, walking and skateboarding to campus, but there is currently no funding in the university’s transportation budget to accommodate their needs.
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The Michigan Translational Research and Commercialization Transportation program, in partnership with the Michigan Economic Development Corp., offers an avenue for U-M researchers and innovators to discover commercial opportunities to advance their projects out of the lab and into the market.
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Passed by a 363-64 vote, the bill calls for spending $261 billion on highways and $55 billion on transit over six years. As expected, the legislation authorizes highway funding for six years, but only if Congress can come up with a way to pay for the final three years.
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