Representatives from the Maryland Department of Transportation (MDOT) recently met with Frederick County officials to discuss MDOT’s six-year Draft FY 2023-2028 Consolidated Transportation Program (CTP).
The draft would invest $19.9 billion over six years to expand transit opportunities, replace and repair aging infrastructure, preserve and expand the state’s transportation network, and support Maryland’s economic recovery.
It would invest $6.9 billion, 35 percent of the budget, on system preservation for state airports, bridges, roads, transit, and the Port of Baltimore.
The draft is nearly $2.2 billion more than the Final FY 2022-2027 CTP and includes $1.3 billion from the federal Infrastructure Investment and Jobs Act, improved post-pandemic revenue estimates, and an increased share of state corporate income tax revenue allocated to MDOT.
“This is Maryland’s largest six-year capital transportation budget ever,” MDOT Secretary James F. Ports, Jr. said. “The Draft CTP invests wisely in Maryland’s future and makes good use of additional federal funding and other resources to create jobs, support the state economy, deliver priority projects and provide hundreds of millions of dollars more in Highway User Revenues to local jurisdictions.”
Officials also discussed at the meeting the Maryland Transportation Authority’s $2.6 billion in additional investments in state bridges and toll roads.