The Hartford Business Journal reports a new capital plan recently released by the state Department of Transportation (DOT) calls on Connecticut to spend $12.1 billion over the next five years to rebuild its highways and bridges and invest in public transportation.
That funding total would be a significant ramp-up from actual spending in the previous five years, when DOT invested more than $7.7 billion in capital projects.
As it stands now, the plan is largely a wish list, since it would require the legislature and Bond Commission to approve billions of dollars in additional funding. However, it does offer a roadmap that the state DOT, under the leadership of current Commissioner James Redeker, hopes to pursue over the next half-decade.
Things, of course, could change as it’s uncertain whether Redeker will remain commissioner under the new administration of Gov.-elect Ned Lamont. In an interview, Lamont said he is in the process of identifying and recruiting agency commissioners and he wouldn’t commit to Redeker as his DOT choice.
Read the full report here.