DRPT Financial Reports

The DRPT Annual Budget includes anticipated expenditures on all the projects and grants that the agency manages and the revenue sources used to cover these anticipated expenditures.

The DRPT Quarterly Financial Report provides the Commonwealth Transportation Board and other interested parties an update regarding the Agency Budget and the related variances between anticipated expenditures and actual expenditures; cash balances; resources versus commitments; and funds available for allocation.

The State Transportation Improvement Plan (STIP) is Virginia’s federally required four-year plan that identifies transportation projects that utilize federal transportation projects or require approval from either the Federal Highway Administration or the Federal Transit Administration.

The Six-Year Improvement Program (SYIP) is the Commonwealth Transportation Board’s joint annual funding allocation program for the programs and initiatives that DRPT and VDOT administer. The SYIP funds public transportation facilities, commuter and public transportation programs, rail initiatives, and all interstate and primary highway projects throughout Virginia over six fiscal years. The fiscal year starts on July 1 and ends on June 30.