Item 431 | First Year - FY2025 | Second Year - FY2026 |
|---|
|
|
| Financial Assistance for Rail Programs (61000) | $318,312,497 | $368,747,920 |
| Passenger Rail Development and Operation Programs (61004) | FY2025 $318,312,497 | FY2026 $368,747,920 |
| Fund Sources: | | |
| Commonwealth Transportation | FY2025 $318,312,497 | FY2026 $368,747,920 |
Authority: Titles 33.2 and 58.1, Code of Virginia
A. Of the funds appropriated pursuant to Chapters 1019 and 1044 of the 2000 Acts of Assembly for passenger rail capacity improvements in the I-95 passenger rail corridor between Richmond and the District of Columbia, the Virginia Passenger Rail Authority is authorized to utilize any remaining funds along the described corridor for the development of intercity passenger rail enhancements to include rail improvements and passenger station facilities.
B. The Director, Department of Planning and Budget, is authorized to adjust appropriations and allotments for the Virginia Passenger Rail Authority to reflect changes in the official revenue estimates for commonwealth transportation funds.