Current Revenue Estimates
The Authority revenue estimates are monitored monthly and updated every two years in advance of each update to the Six Year Program. The revenue estimates are further refined to determine the PayGo level for the next Six Year Program. PayGo is the amount of revenue available on a cash basis to fund regional transportation projects chosen by the Authority.
| Revenue Estimates FY2025 - FY2029 | FY2025 Projection |
FY2026 Projection |
FY2027 Projection |
FY2028 Projection |
FY2029 Projection |
|---|---|---|---|---|---|
| Regional Sales Tax | $377,377,926 | $392,473,043 | $404,247,234 | $391,800,000 | $405,500,000 |
| Regional Congestion Relief Fee (Grantors) | $31,182,265 | $31,805,911 | $32,442,029 | $33,090,869 | $33,752,687 |
| Northern VA Transportation District Transfer | $20,000,000 | $20,000,000 | $20,000,000 | $20,000,000 | $20,000,000 |
| Interstate Operations Enhancement Program | $20,200,000 | $23,800,000 | $24,200,000 | $23,705,472 | $25,509,274 |
| Total | $448,760,191 | $468,078,953 | $480,889,263 | $468,596,341 | $484,761,961 |
Adopted June 13, 2024
The Virginia General Assembly enacts legislation that stipulates the annual revenue sources for NVTA. NVTA receives revenue through four sources: Sales Tax, Grantors Tax, the Northern Virginia District Fund Transfer, and the Interstate Operations and Enhancement Program Transfer.
Of these four revenue sources, NVTA must allocate:
- 70% of the revenue to regionally significant, multimodal transportation projects selected and approved by the Authority.
- 30% of the revenue to NVTA member localities to be used toward public transportation projects of their choice to meet their diverse needs.
The Northern Virginia Transportation Authority Fund revenues were established by the Virginia General Assembly through House Bill 2313 (2013) to create a sustainable revenue stream for regional transportation improvements. As part of this dedicated regional revenue funding, NVTA receives a Regional Sales and Use Tax of 0.7% that is collected in Northern Virginia (Planning District 8).
Revenue Source Breakdown:
- 0.7% tax on most retail sales in Northern Virginia is added on top of the state and local sales tax.
- Revenue is collected by the Virginia Department of Taxation and then transferred to the Northern Virginia Transportation Authority Fund.
The Regional Congestion Relief Fee or Grantor's Tax was established by the Virginia General Assembly to support Metro capital improvements. This regional real estate transaction fee is typically paid by the seller when property is sold in NVTA member jurisdictions. The fee is $0.10 per $100 of the sale price.
The Northern Virginia Transportation District Fund was established by the Virginia General Assembly to support specific infrastructure projects in Northern Virginia such as roadway enhancements to Fairfax County Parkway and Route 7, capital improvements to Metrorail and more. The Fund has since evolved to support broader regional needs, specifically directing $20 million annually to the Northern Virginia Transportation Authority. NVTA began receiving this funding in FY2021, providing essential resources that advance regionally significant, multimodal transportation projects that reduce congestion and improve mobility across jurisdictions.
The Interstate Operations and Enhancement Program (IOEP) was established by the Commonwealth Transportation Board (CTB) as directed by the Virginia General Assembly to improve the safety, reliability, and travel flow along interstate highway corridors in the Commonwealth. A portion of the revenues supporting the IOEP transfer to the Northern Virginia Transportation Authority are calculated based on Class 6 vehicle (heavy truck/freight) travel along interstates in Northern Virginia (Planning District 8).