CVTA officials brief Goochland supervisors on $1.6B regional transport investments

Chet Parsons, executive director of the Central Virginia Transportation Authority, and a recorded introduction by Tyrone Nelson outlined CVTA's work since its 2020 creation, reporting more than $862 million committed to 74 regional projects through 2032 and more than $1.6 billion when distributions to localities and GRTC are included. Parsons told the board that Goochland has received about $60 million in regional commitments — above what population alone would suggest — and that localities receive monthly pass‑through funds (50% of revenues) for locally identified needs.

The presentation highlighted regionally funded projects affecting Goochland and nearby jurisdictions, including diverging‑diamond intersections, the Fall Line trail segments, bus rapid transit extensions, and bridge replacements. "Working together, we've allocated more than $862,000,000 to 74 regional projects through 2032," the video stated. Parsons and board members discussed CVTA revenue streams (0.7% sales/use tax and a wholesale fuels tax indexed for inflation) and the authority's ability to issue bonds for very large projects. Goochland supervisors thanked CVTA for the local partnerships that have advanced roadway, trail and transit projects in the county.