Overview
FINANCE
DRPT’s budget is updated annually by fiscal year, beginning on July 1 and ending on June 30. DRPT reports actual results in a quarterly financial report. DRPT funds projects through grants using an applications-based process. All of DRPT’s funding and grants are detailed in the Six-Year Improvement Program.
Six-Year Improvement Program (SYIP)
The SYIP includes funding for DRPT and VDOT, and is approved annually by the Commonwealth Transportation Board (CTB).
While a six-year projection of revenues available for allocation is included in the SYIP, the actual allocations of these revenues is generally done on an annual basis to individual grantees.
To read an overview of transportation decision-making and funding through the approved FY20 DRPT SYIP, click here
Related Links
- DRPT FY20 Six-Year Improvement Program
- FY20 Agency Budget
- Updated FY18-FY21 STIP
- DRPT Quarterly Financial Report
Click here to visit archived SYIP, Agency Budgets, Quarterly Financial Reports and STIP documents.
Click here to view a list current IFBs/RFPs
Click here to view a list of current contracts