CARSON CITY — The Nevada Department of Transportation has announced that nearly $46 million in additional federal highway spending authority has been made available for Nevada state road and bridge projects through the Federal Highway Administration (FHWA) August Redistribution process.
Each August, FHWA reviews spending authorization for every state and redistributes funds from those states unable to utilize the full amount originally authorized to them, as well as from underutilized federal transportation grant and loan programs. The redistributed funds are sent to states demonstrating projects meeting federal funding requirements. The additional spending authority allows states to receive federal reimbursement more quickly for planned projects.
To qualify for the additional funding authorization, NDOT worked to ensure numerous transportation projects were ready to fully utilize authorized federal transportation funds, as well as demonstrate current projects that fit all requirements for receiving additional federal funding authority. Some of the funding availability will be used to fund Interstate 11/15 Henderson interchange improvements in southern Nevada.
“Over the past two decades, we have secured nearly $500 million in additional obligation authority for use on vital Nevada transportation projects,” NDOT Director Tracy Larkin Thomason explained. “This is a testament to our hard-working financial management staff who ensure that the state continually utilizes all funding available for critical Nevada transportation improvements.”
Despite this significant infusion of federal spending authority, the State Highway Fund, which funds most state transportation projects, faces an annual deficit of more than $530 million.
Additional state highway information is available at dot.nv.gov or by calling (775) 888-7000. Also follow @NevadaDOTReno on Twitter for traffic and project updates in Northern Nevada, and @nevadadot on Twitter, Facebook, and Instagram for updates from across the state.