Nevada Brings Home Additional $32 Million in Federal Transportation Money
(October 10, 2018)
- The Nevada Department of Transportation announced last month that approximately $32 million in additional federal highway spending authority has been made available for Silver State road projects through redistribution of Federal Highway Administration fiscal year-end funds.
The additional federal spending authority will help preserve state transportation funds to make them available for other road projects throughout the state.
Known as August Redistribution, the FHWA annually reassigns transportation funding authority from states unable to utilize the full amount of funding originally authorized to them, as well as from federal transportation grant and loan programs that were underutilized in the current fiscal year.
To qualify, NDOT demonstrated that it will fully utilize federal transportation funds authorized to Nevada in fiscal year 2018, as well as demonstrated current projects which fit all requirements for receiving additional federal funding redistribution.