CVTA schedules FY27 budget hearing, adopts 2026 allocations plan and approves Powhatan project agreement
March 28, 2026 | Central Virginia Transportation Authority, Boards and Commissions, Executive, Virginia
This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »
The Central Virginia Transportation Authority on March 27 authorized staff to advertise a public comment period and public hearing for the FY27 operating budget. Staff proposed a public comment period running April 9–23, 2026 and scheduled the hearing for the authority's regular meeting on April 24, 2026; members moved, seconded and approved the advertisement.
Executive Director Mr. Parson presented the draft 2026 regional allocations plan, a six‑year program (FY27–FY32) that compiles roughly 70 regional funding commitments made since the authority's inception and shows per‑project CBTA funding, reported locality or VDOT leverage and any remaining balance to complete projects. Mr. Parson told the board staff had coordinated scheduling of funds with local partners and VDOT and that the plan zeroed out unallocated funds by scheduling commitments against expected revenues. The board moved, seconded and adopted the allocations plan by roll call vote.
Separately, the authority considered a locally administered Powhatan County project agreement for a state mill‑road turn lane. Staff reported the agreement had the county's partial execution; a Powhatan county representative moved the motion, it was seconded and the board approved the project agreement and authorized the chair to sign and witness the document.
During committee reports, the finance chair highlighted that roughly 40% of Round Four funds are allocated to pedestrian improvements and TAC described a Chesterfield County SmartScale strategy to split a regional leveraging project into smaller segments to improve benefit‑cost scoring. DRPT reported progress on the statewide coordinated human‑service mobility plan (used to allocate 5310 funds) and said the agency supported continuing alignment between state transit priorities and CVTA's regional allocations.
The board also received a brief executive director report previewing a forthcoming media recognition policy to guide how CBTA and locality partners receive credit when projects are featured in the media. All formal votes recorded in the meeting were carried; specific roll‑call tallies were read aloud during votes but meeting minutes provide the official record.
Executive Director Mr. Parson presented the draft 2026 regional allocations plan, a six‑year program (FY27–FY32) that compiles roughly 70 regional funding commitments made since the authority's inception and shows per‑project CBTA funding, reported locality or VDOT leverage and any remaining balance to complete projects. Mr. Parson told the board staff had coordinated scheduling of funds with local partners and VDOT and that the plan zeroed out unallocated funds by scheduling commitments against expected revenues. The board moved, seconded and adopted the allocations plan by roll call vote.
Separately, the authority considered a locally administered Powhatan County project agreement for a state mill‑road turn lane. Staff reported the agreement had the county's partial execution; a Powhatan county representative moved the motion, it was seconded and the board approved the project agreement and authorized the chair to sign and witness the document.
During committee reports, the finance chair highlighted that roughly 40% of Round Four funds are allocated to pedestrian improvements and TAC described a Chesterfield County SmartScale strategy to split a regional leveraging project into smaller segments to improve benefit‑cost scoring. DRPT reported progress on the statewide coordinated human‑service mobility plan (used to allocate 5310 funds) and said the agency supported continuing alignment between state transit priorities and CVTA's regional allocations.
The board also received a brief executive director report previewing a forthcoming media recognition policy to guide how CBTA and locality partners receive credit when projects are featured in the media. All formal votes recorded in the meeting were carried; specific roll‑call tallies were read aloud during votes but meeting minutes provide the official record.
View the Full Meeting & All Its Details
This article offers just a summary. Unlock complete video, transcripts, and insights as a Founder Member.
✓
Watch full, unedited meeting videos
✓
Search every word spoken in unlimited transcripts
✓
AI summaries & real-time alerts (all government levels)
✓
Permanent access to expanding government content
30-day money-back guarantee
