The Department has provided local transport capital allocations for Coventry city council and the West Midlands Passenger Transport Authority for 2007-08 and has announced funding for 2008-09 to 2010-11, as shown in the following table.
The seven West Midlands metropolitan district councils and the PTA are free to redistribute most of their funding allocations among themselves if they so decide.
|Coventry CC—Highways Capital Maintenance||2.101||2.804||2.430||2.255|
|Coventry CC—Major Projects (Primelines)||8.961||1.933||0||0|
|Coventry CC—Integrated Transport||3.321||3.408||3.522||3.657|
A grant of £2.043 million has been allocated for 2008-09 to capital maintenance on the detrunked sections of the A45 in Coventry. About 18 per cent. of the specific road safety grant which totals between £4.4 million and £4.7 million per year between 2007-08 and 2010-11 across the West Midlands metropolitan area is for capital projects, that is for transport infrastructure.
Additionally, the West Midlands urban traffic control system major scheme bid is currently being considered by the Department. The bid is still subject to final confirmation and approval, but should it be successful, a total of £26.6 million would be awarded covering the West Midlands Authorities.
£64.3 million of private finance initiative credits for the 25 year Coventry street lighting project have been announced.
In addition Coventry is benefiting from investment in strategic transport infrastructure including the west coast main line.