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US: Federal Highway Administration redistributes cash to states

The US state of California received the largest slice of US$2.83 billion of federal money redistributed for highway investment. California will get just over $293 million, New York will pick up nearly $156 million while Florida will get $150 million. Hawaii was the only state to receive nothing from the pot of unused highway funds. The $2.83 billion falls far short of the nearly $5.16 billion that the states requested to be redistributed, according to a Federal Highway Administration document. But the mone
September 12, 2016 Read time: 2 mins
The 972 US state of California received the largest slice of US$2.83 billion of federal money redistributed for highway investment.

California will get just over $293 million, New York will pick up nearly $156 million while Florida will get $150 million.

Hawaii was the only state to receive nothing from the pot of unused highway funds.

The $2.83 billion falls far short of the nearly $5.16 billion that the states requested to be redistributed, according to a 2410 Federal Highway Administration %$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 oLinkExternal document Visit www.fhwa.dot.gov Website false http://www.fhwa.dot.gov/legsregs/directives/notices/n4520242.cfm false false%>.

But the money is not new money. It is a re-allocation of money already set aside. Redistribution depends on what projects that each state has underway or upon which a state will put the final stamp of approval before the end of fiscal year 2016.

States have until September 27 to allocate the money for projects or lose access to it.

Other payouts include Georgia with $122.2 million, Ohio with $120 million, Michigan getting $103.5 million, Virginia picking up $90 million and Texas with $75 million.

The FHWA is an agency of the 2364 US Department of Transportation.

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