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Governor McDonnell Proposes Major Transportation Funding Overhaul

Governor McDonnell Proposes Major Transportation Funding Overhaul
Plan Provides For $1.8 Billion More in Highway Construction Funding Over Next 5 Years and Eliminates State Maintenance Crossovers by 2019

RICHMOND - With legislators and transportation leaders by his side, Governor Bob McDonnell announced today a plan that would provide more than $3.1 billion in transportation funding for the Commonwealth over the next 5 years, tying transportation funding to economic growth and replacing the state's outdated gas tax revenue model with a 0.8 percent increase in the state's sales tax dedicated to transportation.

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