Some politicians, railway campaigners and residents in the South West have expressed disappointment following the Government's spending review on Wednesday.
Chancellor Rachel Reeves announced £15bn of new investment in transport projects last week, and none of the money has so far been earmarked for named projects in Devon or Cornwall.
Reeves pledged funding for affordable homes, health, defence and schools but any areas in the South West set to benefit were not spelt out.
Some campaigners and local residents had hoped her speech would have included additional investment for the region.
Mid-Devon district councillor Steve Keable said the "political reality" was that Reeves was "playing into her Labour heartland" by prioritising other parts of the country.
Keable, who represents Taw Vale for the Liberal Democrats, said he hoped to find out "over the next few days" what would happen to "the capital funding that Cullompton and Mid Devon are so looking forward to".
He added that the Cullompton Station project, as well as a separate project to build an additional junction on the M5 south of the town, could not "progress before we get the go ahead".
'Days out for children'
Some local residents remain supportive of the railway station project.
"I think it would boost the economy of the town," one said, adding: "I think it needs some money to push local businesses forward."
Another local resident said the station was "always used before" and felt "the trains would be used more" if the station was rebuilt.
One mother said it would be "fantastic" if the station came back, adding: "My children would have access to days out – it would be really wonderful for everyone."