The Commonwealth Transportation Board (CTB), Richmond, Va., recently approved $50 million in matching funds for localities to improve their roads and bridges. The funds are made available under the Revenue Sharing Program, in which every dollar a participating locality puts toward a project is matched by a dollar from the Virginia Department of Transportation (VDOT).
This year, VDOT received a total of $67 million in fund-matching requests from 98 localities, including counties, cities and towns. The CTB approved the legal limit of $50 million in state matching requests.