Road work equipment is ready to use as the federal government plans to send $2.7 billion to Florida in transportation funding. [Photo by Matthew Hamilton]
More than $2.7 billion is headed to Florida as part of annual federal transportation funding, including money for railroad safety and electric vehicle infrastructure. The White House announced the total, up from $2.51 billion in the federal 2022 fiscal year and $2.56 billion in fiscal 2023, on Oct. 5.
The money comes from the $1.2 trillion Infrastructure Investment and Jobs Act. The largest portion for Florida, $1.47 billion, falls under the National Highway Performance Program.
Projects to improve railroad crossings at highways will receive $9.8 million, and EV infrastructure projects will get $42 million.
Funding nationally totals $61 billion in fiscal 2024. Florida trails only Texas at $5.38 billion and California at $5.06 billion in the state allocations.
When President Joe Biden signed the infrastructure law in November 2021, Florida was projected to get $16.7 billion over five years.
Comments