LAST UPDATED:

As of March 14, 2018

Tentative Budget

 

Federal Grant (TSP)   

Federal Share (80%)                                  $1,280,000

(remaining)

 

Town Share (20%)                                        $320,000

(remaining)

 

TOTAL:                                                                 $1,600,000

 

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State of Goods Repair (SGR) 

VDOT Funding (No Match)

 

TOTAL:                                                               $1,953,030

 

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VDOT Revenue Sharing (RS)               

50/50 Match Funding

Town Share                                              $378,000

(anticipated)

 

VDOT Match                                            $378,000

 

TOTAL:                                                               $756,000

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PROJECT TOTAL:                     $4,309,030

(anticipated)

 

Federal/State Funds:       $3,611,030

Town Funds:                    $   698,000 (16%)

 

 

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