The Transportation Improvement Program (TIP) is a federal obligation document which describes the planned schedule in the next four years for distributing federal, state and local funds for state and local transportation projects. The TIP represents an agency’s intent to construct or implement specific projects in the short term and identifies the anticipated flow of federal funds and matching state or local contributions. It is a multimodal list of projects that includes highway projects, rail, bus and streetcar projects, and bicycle and pedestrian improvements. It also includes roadway and transit maintenance projects, operational programs, and many other transportation-related activities.
The TPB approved the FY 2023–2026 TIP on June 15, 2022. It includes over 300 projects and programs with more than $11 billion in funding from federal, state, local, private, and other sources.
The TIP is a dynamic budgeting document and is typically amended and modified several times each month by the TPB member implementing agencies.
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