CVTA reallocates $2.33M to 30% design for Vaughan Road overpass; $3.02M returns to balance

The Central Virginia Transportation Authority on Aug. 28 approved a funding adjustment that moves $2,328,220 of previously committed regional funds for the Vaughan Road Overpass (Town of Ashland) from leveraging to pay for 30% design, and returns $3,019,510 to the authority balance.

CBTA staff said the town has not secured additional outside funding and that reallocating funds for design is permitted under the authority’s project selection framework; staff added the TAC and Finance Committee recommended the change. “The requested action today is to approve an adjustment of funding... in the amount of $2,328,220 with the balance of leverage funds, $3,019,510 returned to balance entry,” the staff presenter said. The board approved the adjustment by roll-call vote.

Staff encouraged the town to reapply for regional funding in future rounds once additional opportunities arise. The authority noted the 30% design package is intended to strengthen the town’s position for CSX coordination and future grant applications.