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Published on Aug 4, 2014
The Georgia Department of Transportation (GDOT) highlights the status of the Transportation Investment Act (TIA) through the first 18-months of the program’s tax collections. Eighteen months marks the mid-point for Band 1 projects required to begin during the period of January 2013 to December 2015. Forty-two percent of the 269 projects in Band 1 were let to construction by the end of June 2014.
TIA tax collections in the Central Savannah River Area (CSRA), Heart of Georgia Altamaha (HOGA) and River Valley brought in nearly $200 million extra dollars for transportation projects in the first 18-months, and local governments in the Regions received $50 million of the total revenue to use as discretionary funds for any transportation related needs in their communities. These funds are helping GDOT provide work for 17 Georgia construction companies and 29 consulting firms.
The 871 projects on the voter approved investment lists include new roadways, bypasses, bridges, safety enhancements, signalization upgrades, interchange reconstructions, multi-use facilities and resurfacings. Additionally, local governments are able to use the 25 percent discretionary funds for other transportation related projects in their community.