As I suspected this $1.5 billion is stimulus money that was withheld to influence the election.
Stimulus Bill Provisions for Ports
President Obama has signed the American Recovery and Reinvestment Act of 2009 (ARRA) that provides significant new funding for transportation infrastructure.
AAPA is focused on working with agencies for quick distribution of the funds. AAPA will continue to provide updates on the process and are working to have speakers to discuss this program at this Spring Conference. Below is a chart that highlights the final stimulus funding levels.
PROGRAM FINAL AGREEMENT
State Highway Program - DOT $27.5 billion
Discretionary Transportation Grants - DOT $1.5 billion
TxDot got close to 2.5 billion of that. Port of Houston got 99 million and Port of Galveston got 25 million.