The latest installment of a $500 million capital investment plan to address local transportation needs has been distributed by the state. The state has distributed $100 million to municipalities for the repair of municipal, township and county infrastructure. It’s the third of five, $100 million annual investments to fund municipal, township and county projects statewide. Projects are selected and managed locally, with the Illinois Department of Transportation providing oversight.
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“The third installment of capital funds for local transportation projects demonstrates our continued commitment to local governments,” said Ann Schneider, secretary IDOT. “We are proud to partner with local communities to improve the quality of life for residents, stimulate the economy, and help advance immediate road and bridge projects where needed the most.”
The amount distributed to local governments is based on the state motor fuel tax formula. Projects funded through this process include street and bridge maintenance, upgrades to traffic signals, new storm sewers and bike paths, sidewalk replacement and pothole repairs.