- County to receive $11.4M from first year Northern Virginia transportation funds
- Supports streetcar, west entrance to Ballston Metrorail station, local transit service, complete streets
ARLINGTON, Va. – The Arlington County Board today approved a memorandum of agreement with the Northern Virginia Transportation Authority (NVTA) authorizing a new annual funding stream for local transportation projects, including the first year allocation of $11.4 million.
“This significant source of funding is helping us accelerate projects aimed at improving travel options and choices for our residents, workers and visitors,” said Arlington County Board Chair Jay Fisette.
The Board voted unanimously to approve the MOA. the read the staff report, visit the County website. Scroll down to Item #32 on the Regular County Board Meeting Agenda for Saturday, January 25, 2014.
The funds are Arlington's 30 percent local share of new Northern Virginia transportation funding included in House Bill 2313, approved last year by the Virginia General Assembly. Today's vote marks Arlington's formal approval of the process for distributing funding and the compliance measures for NVTA.
About House Bill 2313
House Bill 2313 provides a regular transportation funding stream of nearly $300 million for Northern Virginia jurisdictions, including Arlington County. The NVTA, created by the General Assembly in 2002 to offer a common voice for Northern Virginia on transportation, collects and distributes this revenue to fund transportation projects in the region. Seventy percent will remain with the NVTA for projects of regional significance, while 30 percent will be returned to the localities in which it was raised for locally selected projects.
In September 2013, the County Board voted to allocate NVTA local share funds for fiscal year 2014 to advance several projects, including Arlington's planned streetcar system, building a new entrance to the Ballston Metrorail station, expanding the local bus system and rebuilding arterial streets to support all modes of travel.
The NVTA Board approved the memorandum of agreement on Dec. 12, 2013. More information about the new funding source can be found on the Northern Virginia Transportation Authority's website.