The Authority’s planning and programming activities are critical to selecting and funding transportation projects that relieve traffic congestion in Northern Virginia. In fact, the Authority is mandated to develop and update the long range transportation plan for Northern Virginia. While the Authority’s long range transportation plan outlines a vision to address traffic congestion and other regional transportation priorities, its funding programs bring that vision to reality.
A series of long range transportation plans have been developed for Northern Virginia. The two most recent iterations – TransAction 2030 and TransAction 2040 – were developed and adopted by the Authority.
The passage of House Bill (HB) 2313 in 2013 established a dedicated revenue stream for Northern Virginia. Starting in July 2013, the Authority has moved decisively to program its new 70% Regional Revenues based on the performance measures and project evaluation criteria outlined in TransAction 2040, the current long range transportation plan. Three funding programs – for fiscal year (FY) 2014, FY2015-16 and FY2017– have already been adopted.
The FY2017 Program was the last Program that will be developed from the TransAction 2040 Plan. The Authority has is currently engaged in a major update to TransAction 2040, the first in the post-HB 2313 (2013) era. The updated plan – to be known simply as TransAction – will be adopted in fall of 2017 and will inform the Authority’s inaugural Six Year Program covering the FY2018-23 period.