The Maryland Department of Transportation (MDOT) today released its Draft Consolidated Transportation Program (CTP) for fiscal years 2023 to 2028, outlining a record $19.9 billion six-year investment to replace and repair aging infrastructure, expand transit opportunities, assist Maryland’s economic recovery and preserve and expand the state’s transportation network.
The Draft FY 2023-2028 CTP is nearly $2.2 billion more than the $17.7 billion Final FY 2022-2027 CTP released in January. That increase is the result of factors including $1.3 billion in additional federal formula funds from the bipartisan Infrastructure Investment and Jobs Act (IIJA) passed by Congress last fall, as well as improved post-pandemic revenue estimates and an increased share of state corporate income tax revenue allocated to MDOT.