Tentative Budget

Updated as of March 14th, 2018

Federal Grant (TSP)

Federal Share (80%) (remaining)
$
1,280,000
Town Share (20%) (remaining)
$
320,000
$
TOTAL:
$
1,600,000

State Of Goods Repair (SGR)

VDOT Funding (No Match)
$
$
$
TOTAL:
$
1,953,030

VDOT Revenue Sharing (RS)

50/50 Match Funding
$
Town Share (anticipated)
$
378,000
VDOT Match
$
378,000
TOTAL:
$
756,000

PROJECT TOTAL:

(anticipated)
$
4,309,030
$
Federal/State Funds:
$
3,611,030
Town Funds:
$
698,000 (16%)