KUAR | By Jeff Della Rosa/ Talk Business & Politics
The federal highway department announced Tuesday (Oct. 11) it has released $771.3 million in fiscal 2023 funding to Arkansas for infrastructure projects, including roads, bridges and tunnels. The money will come from the $1.2 trillion Bipartisan Infrastructure Law.
Nationwide, the U.S. Department of Transportation’s Federal Highway Administration (FHWA) sent $59.9 billion in fiscal 2023 funding to states, an increase of $15.4 billion compared to fiscal 2021, which was the last fiscal year before the Bipartisan Infrastructure Law was to be implemented, according to a news release. Fiscal 2023 started Oct. 1.
