Video Transcript

It's a function of the modality you're talking about, whether you're talking about surface transportation, that is, highways, or airports, or ports, or railroads. They're each funded a little bit differently. In Florida, we have a very robust FDOT and state appropriation program for highway funding, so DOT manages a lot of that money. We are less dependent on the federal gas tax than a lot of other states are. For ports, it's largely funded through the Water Resources Development Act at the federal level. There's always a required local share, so anywhere from 10 to 20% of a project could be funded by a local port district or a local government that manages the port. For airports, it's basically the same, except the funding comes through the FAA, and then the local share will be picked up by the local government or the local airport district that deals with that project.