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NYSDOT commissioner says $800 million in executive budget restores capital plan buying power
Summary
The Department of Transportation told the joint fiscal committees the governor's proposed $800 million addition to the five-year capital plan is aimed at restoring purchasing power after inflation and supply-chain pressures, keeping key road, bridge and transit projects on schedule.
Ms. Dominguez, commissioner of the New York State Department of Transportation, told lawmakers the governor's executive budget includes an $800 million addition intended to restore the department's purchasing power and allow previously planned projects to move forward.
The boost "goes, it is that amount of money that we need to actually move forward, our purchasing power," Ms. Dominguez said. She told the Assembly and Senate joint fiscal committees that DOT continues to track materials cost indices and aims to preserve the scope of its five-year program even where individual projects shift in timing.
Why it matters: The state's five-year capital plan for DOT totals about $34.1 billion and funds hundreds of roads, bridges and local assistance programs across New York. Lawmakers…
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