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Moving Florida Forward:
A Proposed Investment by Governor DeSantis
On January 30, Governor DeSantis announced the Moving Florida Forward plan to improve Florida's surface infrastructure. The proposal includes a $4 billion investment from the state's general revenue fund and the redirecting of $131 million annually to the State Transportation Work Program. Florida is able to use our strong financial position to leverage the $4 billion outflow into $7 billion.
The plan aims to expedite 20 priority infrastructure projects designed to alleviate congestion, improve safety, and provide a more resilient transportation system. These projects will be implemented over the next four years and are expected to be completed more than a decade ahead of schedule. FDOT will continue to work on projects in the existing Five-Year Work Program along with the Moving Florida Forward plan.
Clearly, no one moves far in Florida without asphalt. This massive investment into Florida's future is only available because of our industry's track record of Moving Florida Forward. We expect Florida will need millions of additional tons of asphalt during the next four years. Keep this in mind when you look at the letting tons this month near the middle of this newsletter.
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