North Florida Transportation Funding Doubled to $800M

North Florida (District 2) is set to receive a huge increase in FDOT funds starting in the new fiscal year, which begins in July. The district normally receives 10-11% of the total FDOT budget for the state, however funding has doubled to 20% (roughly $800M) of the states transportation budget. The increase is cited as being spurred by the organizational strength of the region. Jensen Werley with the Jacksonville Business Journal has the story.

About Ernie Saltmarsh

Ernie works for Colliers International in the Northeast Florida Investment Services Group. The team includes Robert Selton, Scott Rogers, Ernie Saltmarsh and Adrienne Miller. Ernie works with buyers who are looking to invest in commercial real estate and sellers who are looking to dispose of investment assets. Ernie's background in research, marketing and finance provide the vital skills necessary to serve his clients.

Posted on February 27, 2015, in JAX Business Journal, Jobs/JAX Economy, Port/Infrastructure, Warehouses/Industrial and tagged . Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: