MONTPELIER, Vt. (AP) - The Vermont Agency of Transportation has an additional $16 million in federal highway funds it can spend on its transportation projects.
The state became eligible to receive the money after the state met all of its fiscal year deadlines for federally-funded projects.
When states or other federal entities do not fully utilize their federal funds in a given year, the Federal Highway Administration makes those funds available to other states that have successfully obligated their federal allotments.
Transportation Secretary Chris Cole says it’s the state’s largest such award ever.
There is no immediate word on what the state will do with the money.
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