Transportation is one of if not the most important issue for Virginia voters and the Bolling and McDonnell campaigns have plans to fix it.
Bolling’s plan avoids raising taxes to pay for road construction, improvement and other public transportation projects by issuing bonds over the next four years, earmarking 75% of future budget surpluses for transportation and allow local and regional governments to retain more tax revenue for priority transportation projects.
The most impressive and forward thinking aspect of the funding proposal is the goal of pursuing more public-private partnerships in order to help complete priority projects in critical areas of the state. Public-private partnerships represent not only Bolling’s commitment to using any and all means necessary to improve transportation, but also his desire to improve and encourage business growth during this economic slump. These partnerships will strengthen the Virginian economy by providing contractors and other businesses with projects and revenue streams and allowing private enterprise do their part to improve the situation.
And of course, the projects range from widening I66 inside and outside the Beltway to completing the I495 and I395/95 HOT lanes projects. Bolling understands that these improvements coupled with a complete metro rail to Dulles and support rails from Norfolk to Virginia are crucial to state’s future success.
Bolling’s plan avoids raising taxes to pay for road construction, improvement and other public transportation projects by issuing bonds over the next four years, earmarking 75% of future budget surpluses for transportation and allow local and regional governments to retain more tax revenue for priority transportation projects.
The most impressive and forward thinking aspect of the funding proposal is the goal of pursuing more public-private partnerships in order to help complete priority projects in critical areas of the state. Public-private partnerships represent not only Bolling’s commitment to using any and all means necessary to improve transportation, but also his desire to improve and encourage business growth during this economic slump. These partnerships will strengthen the Virginian economy by providing contractors and other businesses with projects and revenue streams and allowing private enterprise do their part to improve the situation.
And of course, the projects range from widening I66 inside and outside the Beltway to completing the I495 and I395/95 HOT lanes projects. Bolling understands that these improvements coupled with a complete metro rail to Dulles and support rails from Norfolk to Virginia are crucial to state’s future success.
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