Projected Implementation – FY 2022
The creation of the Central Virginia Transportation Authority (CVTA) by the 2020 General Assembly has established new funds for priority transportation investments in the Richmond Region. The two main sources of revenue are regional sales and use tax (0.7%) and wholesale gas and diesel tax (7.6 cents and 7.7 cents). The projected funding available for transportation investment is $136 Million in FY 2021, $187 Million in FY 2022 and growing to a projection of $204 Million by FY 2026.
The CVTA funds will be allocated three ways – 15% to GRTC, 50% to each participating locality proportionally, and 35% for regional projects. GRTC is projected to receive $20 Million in FY 2021, $28 Million in FY 2022 and $30 Million by FY 2026. The majority of the funds received by GRTC will be allocated to support the regional routes in the current system, however, GRTC is planning on allocating $10 Million on expansion of the network based on regional priorities. This expansion represents about a 20% growth for the system.
As required by the CVTA legislation, GRTC is currently in the process of developing a Regional Public Transportation Plan in coordination with the Richmond Regional Transportation Planning Organization (RRTPO). The Regional Public Transportation Plan will identify how GRTC plans to spend the 15% CVTA funds in FY 2022, including plans for expansion. GRTC has contracted with Michael Baker International and Jarrett Walker and Associates to assist with the plan development. The final Regional Public Transportation Plan is planned for completion in May 2021. Many studies completed in previous years serve as a reference for the regional priorities (2018-2028 Transit Development Plan (TDP) and Greater Richmond Transit Vision Plan Phase II).
Learn More: GRTC Regional Public Transportation Plan kick-off presentation to GRTC's Board of Directors January 19, 2021.
Transit can focus on different goals and values. One of those goals is ridership, or providing frequent service to dense, busy places to encourage more people to ride. Concentrating service will encourage greater use, but is costly so frequent service can't be spread across as many places.
The map below shows a transit concept for the Richmond region that tries to maximize ridership with the additional funding for transit. Some features of this concept are:
The Ridership Concept achieves the following outcomes:
Transit can focus on different goals and values. One of those goals is coverage, or providing service to as many places as possible. But spreading bus routes all over means that service is not very frequent and therefore waits are long.
The map below shows a transit concept for the Richmond region that tries to maximize coverage with the additional funding for transit. Some features of this concept are:
The Coverage Concept achieves the following outcomes:
How far can I go in 45 minutes from each of these locations? Click to see the maps compared side-by-side.
John Tyler Community College Chester
Chesterfield County Government Center
Hopkins Rd. & Meadowdale Blvd.
Foxwood & Woodbriar
McGuire VA Hospital
Richmond Community Hospital
Eastgate Town Center
VCU Monroe Park
Six Points Northside
St. Mary's Hospital
Henrico Doctors' Hospital
Staples Mill Amtrak
Henrico County Government Center
Parham Doctors' Hospital
Mayland Dr. & Tuckernuck Dr.
St. Joseph's Villa
Phase 1 – Concept Alternatives for Expansion
Survey: GRTC gathered feedback on the concept alternatives for expansion from February 18 - March 12. Feedback will be valuable input as the Regional Public Transportation Plan gets drafted.
Public Meeting on Concept Alternatives: March 4th, 2021, 5:00 PM
GRTC Board of Directors - March 22, 2021 Board Action Item: Regional Public Transportation Plan (Adopted version to be signed)
Phase 2 – Draft Regional Public Transportation Plan
Based on the feedback received from Phase 1, GRTC will present a proposed regional transit network for feedback. This is where specific routes will be presented and we encourage the public and current riders to share their reactions to the map!
GRTC Board of Directors - April 20, 2021 Draft FY2022 Regional Public Transportation Plan
The FY2023 Plan is coming soon!