Florida`s new $15.1 billion transportation budget for fiscal year 2025-26, supported by FDOT, allocates $13.7 billion for infrastructure projects. These include significant investments in highway construction ($5.4B), resurfacing ($1.5B), bridge work ($961.2M), and other areas like rail, aviation, seaports, and trails. The budget also funds safety initiatives and local grants.
Additionally, Senate Bill 1662 introduces policy changes to prepare Florida for future transportation needs. Key provisions include:
1. Establishing the Florida Transportation Research Institute (led by UCF)
2. Creating a Transportation Academy for workforce training
3. Developing new funding for spaceport infrastructure and protecting space- designated land at seaports
4. Creating a state plan for Advanced Air Mobility (AAM)
5. Authorizing the construction of vertiports for AAM testing
Source/Credit: Florida Construction News