Nevada road projects have received an additional $21.6 million in funding from a redistribution of Federal Highway Administration (FHWA) fiscal year-end funds, the Nevada Department of Transportation (NDOT) announced.
Each August the FHWA reassigns funds that were given to states who were unable to utilize the full amount of the funding originally authorized, as well as from federal transportation grant and loan programs that were underutilized in the current fiscal year.
States who had projects ready to go were then able to apply for the additional funds. NDOT demonstrated that it will fully utilize federal transportation funds authorized to Nevada in fiscal year 2017, as well as demonstrated current projects which fit all requirements for receiving additional federal funding redistribution.
In the last 14 years, NDOT has been able to secure more than $202 million in additional obligation authority and funds for use on vital Nevada transportation projects.
“Our priority at NDOT is to provide a transportation system that keeps Nevada safe and connected, and provide it through the most efficient and responsible use of taxpayer funds,” NDOT Director Rudy Malfabon explained. “This is a testament to the work of our NDOT financial management staff to make sure that the state continually utilizes all funding available for important transportation projects. We continue putting more federal dollars to work here in Nevada!”
Funds being spent on the Lake Tahoe area include over $10 million for the Tahoe Transportation District for transit operation, capital and rehab; Stateline to Stateline Bikeway; and the SR28 Cooridor Management Plan Safety. Other funds are earmarked for the slope stabilization project at Logan Shoals and a Nevada entrance side at Stateline.
All planned state and regional road projects are available for viewing at estip.nevadadot.com.
Information on major NDOT road projects is available at nevadadot.com.