Summary: The 2023 Unified Transportation Program (UTP) will include an additional $32 billion in funding for maintenance and development, for a total price tag of $117 billion. The governor’s office characterized it as an “unprecedented level of projected transportation funding.”
Latest Update:Wednesday, 31 August, 2022
Tags: #Streets #AreaGrowth
TxDOT Unveils Plan to Spend ‘Record’ $85 Billion on Construction Projects Over 10 Years, The Texas, 21 August 2022
The 2023 Unified Transportation Program (UTP) will include an additional $32 billion in funding for maintenance and development, for a total price tag of $117 billion. The governor’s office characterized it as an “unprecedented level of projected transportation funding.”
“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 governor’s office stated in a news release, adding that the Texas A&M Transportation Institute estimated an economic benefit of $15.5 billion to Texas annually.
Texas has more than 80,000 miles of roadway and “other transportation infrastructure” to maintain, according to TxDOT Executive Director Marc Williams.
TxDOT Project Tracker > Parker County and Willow Park Lists August 2022
TxDOT is already seeking to add a network of charging stations for electric vehicles across Texas. The infrastructure project requires cooperation from the federal government. A federal law enacted in 2021 provided about $408 million for electric vehicle charging stations in the Lone Star State.
Research:
Willow Park Civics > City > City Services > Streets and Roads
Governor Abbott, TxDOT Announce Record $85 Billion 10-Year Transportation Plan, Office of Texas Governor. 20 August 2022
TxDOT Announces Ten-Year, $85B Highway Spending Plan, Engineering News-Record, 31 August 2022
[Related articles below.]
[end]
Comments