An independent audit conducted by the Richmond-based accounting firm of Cherry, Bekaert & Holland found that the Virginia Department of Transportation is sitting on 800 million in reserve funds that could be used for new construction and maintenance.
"That is unacceptable," McDonnell told a news conference today. "Money has been sitting in the state's wallet, while Virginians have been sitting in traffic." The Governor said that plans for how to spend the money will be decided by the end of the year, but the Governor has cited the need to widen U.S. Route 460 from Suffolk to Petersburg, to build HOT lanes from the Washington suburbs to Occoquan and to construct more interchanges on Interstate 66 in Northern Virginia.
I wish I could find an extra 800 million in my bank account.