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State proposes $60M for GTIB; board hears surge in local loan and grant requests
Summary
Director Janine Miller, who oversees the State Road and Tollway Authority, told the Transportation Appropriations Subcommittee the governor’s budget recommends $60 million in state general funds for the Georgia Transportation Infrastructure Bank (GTIB).
Director Janine Miller, who oversees the State Road and Tollway Authority and chairs the Georgia Transportation Infrastructure Bank (GTIB) program, briefed the Transportation Appropriations Subcommittee on GTIB activity and the governor’s recommended $60 million state general‑fund appropriation for FY25.
Miller said GTIB awards are competitive grants and low‑interest loans to local governments for projects that leverage state funds and local matching dollars; since 2010 GTIB has awarded $216,000,000 to 153 projects and that state funding has leveraged roughly $1.1 billion in total project value. “Since we kicked off the effort of issuing…
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