It is part of an£8bn funding - over five years - to 122 local transport authorities, including the six passenger transport authorities.
Transport secretary Douglas Alexander congratulated councils on their good performance over the course of the first five year plans.
'There has been sustained progress, for example, in reducing local road casualties and in the condition of many local roads. Authorities have made substantial investment to manage traffic more effectively and reduce its adverse impacts on residents, town centres and the environment more generally.
Local authorities have also taken the opportunity to make 'substantial improvements' in the quality of the provisional plans submitted last year. Mr Alexander said. 21 authorities have been assessed as having produced excellent plans.
Also issued today are financial planning guidelines for a specific road safety grant set up as part of the move to integrate safety cameras into the wider road safety delivery process from 1 April 2007.