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These local transportation projects could be funded by Texas’ $2.1B revenue bucket About $2.1 billion in state revenue is expected to help fund a decade’s worth of major transportation projects on I-35 and other Central Texas roadways. The Capital Area Metropolitan Planning Organization board on Monday approved a list of Central Texas projects slated to receive construction funding as part of the state’s Unified Transportation Program, which is a 10-year project planning document the state approves each year. I-35 projects at Williams Drive in Georgetown and at Parmer Lane in North Austin are included as well as plans to eliminate traffic signals on Loop 360 by adding overpasses and underpasses. The city of Austin would also contribute $46 million toward the Loop 360 project as part of November’s voter-approved bond package.