List Your Equipment  /  Dealer Login

State Receives $493 Million Federal Funds From FHWA

Tue October 20, 2020 - West Edition #22
Caltrans


When certain federal transportation funding remains unspent before deadlines, those funds revert to a federal pool and are redistributed to states like California that have completed all requirements and are prepared to use the additional federal funds before the end of the federal fiscal year.
When certain federal transportation funding remains unspent before deadlines, those funds revert to a federal pool and are redistributed to states like California that have completed all requirements and are prepared to use the additional federal funds before the end of the federal fiscal year.
When certain federal transportation funding remains unspent before deadlines, those funds revert to a federal pool and are redistributed to states like California that have completed all requirements and are prepared to use the additional federal funds before the end of the federal fiscal year. “These federal funds will help Caltrans and local agencies invest in improving the transportation system throughout California. California has a reputation for maximizing its federal funding and successfully launching infrastructure projects on time, and these additional funds represent our reward for that proven track record,”?said Toks Omishakin, Caltrans director. This funding will assist the department’s work throughout the state, including the FixSac5 HOV and Los Angeles County improvement projects along Interstate 5. Caltrans received roughly $312 million of the $493 million, and local transportation agencies could receive up to $181 million.

Caltrans announced that the state will receive more than $493 million in additional transportation funding from the Federal Highway Administration's (FHWA) annual August redistribution.

"These federal funds will help Caltrans and local agencies invest in improving the transportation system throughout California. California has a reputation for maximizing its federal funding and successfully launching infrastructure projects on time, and these additional funds represent our reward for that proven track record," said Toks Omishakin, Caltrans director.

Each year, when certain federal transportation funding remains unspent before deadlines, those funds revert to a federal pool and are redistributed to states like California that have completed all requirements and are prepared to use the additional federal funds before the end of the federal fiscal year. This year, the federal pool totaled about $4.7 billion — of which California received more than 10 percent of the total and more than any other state.

Caltrans received roughly $312 million of the $493 million, and local transportation agencies could receive up to $181 million. This funding will assist the department's work throughout the state, including the FixSac5 HOV and Los Angeles County improvement projects along Interstate 5 designed to enhance safety, improve traffic flow, reduce congestion, encourage ridesharing, decrease surface street traffic and improve air quality.

Most of the projects that will received redistribution funding are already allocated by the California Transportation Commission and are underway using state dollars until federal money becomes available.

This additional funding will allow Caltrans and local communities to continue tackling California's infrastructure maintenance needs along with state funding from Senate Bill 1, the Road Repair and Accountability Act of 2017.




Today's top stories

Make Eliminating Jobsite Distractions Company Safety Goal

Two Firms Give Burned Highway New Life

VIDEO: Komatsu Holds Demo Days at Cartersville Customer Center

ABC: Over Half of March State Construction Unemployment Rates Down From a Year Ago

Allen Engineering Hosts 60th Anniversary Celebration

Contractors' Plate Full On Interstate 35 in Texas

Space Coast Leaders, Residents Excited About Planned Brightline Rail Station in Cocoa

Attachments International Debuts Severe Service Demolition Grapple


 






aggregateequipmentguide-logo agriculturalequipmentguide-logo craneequipmentguide-logo forestryequipmentguide-logo truckandtrailerguide-logo
39.96250 \\ -83.00610 \\ Columbus \\ PA