Virginia weighs cuts in transportation improvement

WASHINGTON (Reuters) - The state of Virginia is considering cutting funding for transportation construction and repair by 10 percent, according to a working draft of its six-year transportation improvement plan released on Wednesday.

A full $5.6 billion of the $7.7 billion plan will go to highway construction with the remainder earmarked for rail and public transportation.

The money will fund current projects, along with any deficits that may have opened for them, and will also seek to repair deficient bridges and pavements.

The Commonwealth Transportation Board had put $103 million in federal funds in reserve and will release this to pay for three road projects, public-private partnership work on a tunnel in the town of Hampton Roads and a median rail project.

Some of that work is contingent on funding from the $863 billion federal economic stimulus plan that expires in December.

The board will have four public meetings before the plan becomes official next month.

(Reporting by Lisa Lambert; Editing by James Dalgleish)