On Tuesday, Texas Governor Greg Abbot announced The Texas Department of Transportation's (TxDOT) 2023 Unified Transportation Program (UTP), advancing an $85 billion, 10-year statewide roadway construction program.
The 2023 UTP reflects an unprecedented level of projected transportation funding dedicated to improving transportation safety, addressing congestion and rural connectivity, and preserving roadways for Texas drivers, according to a press release.
“The State of Texas is working to ensure the transportation needs of our fast-growing state are met and that the safety of Texans on the roadways is protected,” Abbott said. “TxDOT’s 2023 Unified Transportation Program is a critical step toward addressing the diverse needs of Texans in rural, urban, and metropolitan communities. This 10-year plan to address transportation needs statewide and dedicate $85 billion to improve roadways will be a huge boon to our state’s infrastructure and booming economy. As more people move to Texas and businesses grow across the state, we are working together to make sure Texans’ transportation safety and mobility are secured and businesses can flourish for generations to come.”
“The UTP reflects a continued focus on improving transportation safety as the top priority, maintaining our current system, addressing traffic congestion, and improving statewide connectivity over the next decade,” said TxDOT Commission Chairman J. Bruce Bugg, Jr. “Additionally, we are making significant progress in addressing congestion in our busiest parts of the state through our Texas Clear Lanes initiative, which improves top chokepoints in our largest metro areas.”
The UTP funds will coincide with an additional $32 billion over the life of the program for routine maintenance contracts and project development, such as planning, professional engineering, and right-of-way acquisition for more than 7,000 transportation projects and a total investment of $117 billion statewide, according to a release.
The projects will be funded through legislative and voter-approved initiatives that allocate portions of oil and gas taxes, sales taxes, and other money to the state highway fund, the release stated. The initiatives have increased the UTP over $50 billion over the 10-year period, with $34.3 billion in projects approved in the 2014 UTP in August 2013. With rural regions of the state supporting the critical energy and agricultural industries, the approved plan includes a historic increase in funding to $14 billion for projects in rural areas.
The $8.5 billion of average annual investment programmed in the UTP over the next 10 years is expected to yield an estimated $15.5 billion per year in economic benefits, according to the Texas A&M Transportation Institute. These benefits are a result of increased labor income and business output, as well as the addition of 58,500 direct and indirect jobs.
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Source: TxDOT
