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Speakers flag CBTA funding milestones and possible bond referendum; region honors staff and partners
Summary
Speakers highlighted Central Virginia Transportation Authority revenues—about $1.05 billion since inception, including $520 million returned to local governments—and discussed exploring bonds for additional leverage. The meeting also presented awards to Elizabeth Greenwell, Faith Walker and Dolores McQuinn.
Speakers at the joint meeting highlighted the Central Virginia Transportation Authority's role in moving regional projects from plan to construction and summarized five years of CBTA revenue and investments.
Fred (unnamed in the transcript), summarizing regional results, said tax revenues returned to local governments totaled "in excess of $520,000,000." He reported regional investments of $365,000,000 and a total of about $1,050,000,000 in revenues during the authority's first five years, with $156,000,000 directed to GRTC…
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