The SCDOT held their September meeting on Thursday, September 15. Among the items on the agenda were consideration of proposed updates to the state’s 10-year plan as well as the FY23-24 budget.
Revisions to 10-Year Plan
SCDOT Commissioners approved updates to the state’s 10-Year Plan to fine-tune investments across programs to accommodate the new federal and state dollars.
Specifically, the revisions include boosts to the following programs:
- Interstate Capacity Program: Includes ARPA allocation ($453 million) and one-time FY22-23 state budget allocation for rural interstates ($133.6 million).
- Regional Mobility Program (MPO/COGs): Increase existing program funding ($138 million) by $100 million, phasing in the increase at $25 million per year.
- Transportation Alternative Program (TAP): The program grew from $11 million to $33 million annually with IIJA. (This includes state matching funds.)
- Guardrail Program: The program increased by $5 million to accommodate market conditions, bringing the total investment to $15.75 million.
- Bridge Program: The IIJA included specific money for bridges through a one-time allocation. SCDOT staff assumes a continuation of funding through FY27 for a total of $228 million annually.
Commissioners approved the SCDOT’s proposed FY23-24 budget, which will be submitted to the Executive Budget Office for consideration and ultimately serve as the basis for SCDOT funding/budget requests during the budget process in the 2023 legislative session.
The FY23-24 budget totals $2.685 billion, and the majority of revenues come from state sources. Approximately 89% of the funding that goes into SCDOT goes back into the system for improvements.
Since implementation of the 10-Year Plan in 2017, there has been significant progress to address repairs and improvements across the state.
*10-year plan revision chart and budget pie charts included in the above article are sourced from the SCDOT Commission Notebook 09/15/2022.