The Virginia Department of Transportation's (VDOT) annual budget for Fiscal Year 2017 is $5.35 billion, representing a 0.8 percent increase from the previous year.
The growth over the previous year is primarily driven by additional federal funding and revenue dedicated to the Highway Maintenance and Operating Fund.
The annual budget is based on the most recent official state revenue forecast from February 2016 and estimated federal funding.
Funds that will be provided for highway maintenance and operations represent nearly 40 percent of the total budget, followed by nearly 35 percent for highway construction.
Smaller portions of the budget are directed to address the needs and requirements of debt service, support to other agencies, tolls, administration, and other programs.
$352 million – Debt Service
$2.127 billion – Road maintenance and operations (includes city and county street payments)
$508.7 million – Support to other agencies, tolls, administration and other programs
$496.1 million – Funding dedicated to Northern Virginia and Hampton Roads Regions for local and regional transportation projects
$1.869 billion – Construction
$5.35 billion – Total VDOT annual budget