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Revenues, Investment Strategies & Economic Impacts

 

Revenue Assumptions

This section provides information on MDOT’s revenue estimates and projections for the multimodal Highway Program as well as the Rail, Intercity Bus, Public Transit, and Marine Passenger Transportation programs.


Center line rumble strips on US-131 Antrim County.

Highway Program

MDOT's Fiscal Year 2023-2027 Highway Program is supported by a combination of state and federal funding sources. 
Landscape of sunset with airplane in silhouette.

Aeronautics Program

The Aeronautics Program revenue assumptions include an extension of the Federal Aviation Administration and aviation programs through FY 2023. 
Automated bus image.

Public Transportation Program

The Public Transportation Program, including bus, marine and rail, is primarily supported by Comprehensive Transportation Funds and the Federal Transit Authority.

Investment Strategies

The 5YTP presents MDOT’s planned investments in all modes across the trunkline system over the five-year period spanning from 2023 to 2027 of approximately $15.5 billion. A total of $11.6 billion will be invested in the Highway Program with a continued focus on preservation, repair, and maintaining operations. Over these five years, an estimated $1 billion will be invested in the Aviation Program and $2.9 billion will be invested in the Public Transportation Program, including bus, rail, marine, and public transit programs.


Economic Impacts of the 5YTP

The Economic Benefit Analysis (EBA) of the highway, bridge and passenger transportation programs includes the benefits contributed by the capital and operation investment and benefits of travel efficiencies derived by project implementations. The travel efficiencies were assessed using the Statewide Travel Demand model to evaluate changes in vehicle miles traveled (VMT) and vehicle hours traveled (VHT) based on build and no-build scenarios of projects in this five-year program.