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Revenues, Investment Strategies & Economic Impacts
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.
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.