Congress Passes Funding Bill: ED Programs Funded at Historic Levels
On Friday, March 23, 2018, President Trump signed a $1.3 trillion spending bill into law. With many thanks to the policy team at IEDC and other economic development allies, OEDA is able to share positive news. Several key economic development programs, initially slated for large cuts and/or elimination in the administration’s budget, not only survived, but received near historic funding. Highlights related to the funding of key economic development programs include:
- EDA – received roughly $302 million for fiscal 2018; about $26 million above fiscal 2017
- MEP – received $140 million; $10 million above fiscal 2017
- CDBG – received roughly $3.3 billion; $365 million about fiscal 2017
- TIGER – received $1.5 billion; $1 billion above fiscal 2017
- Rural Business-Cooperative Service – received roughly $77 million; about $12 million above fiscal 2017
- ETA apprenticeship opportunities – received $145 million; $50 million above fiscal 2017
- MBDA – received $39 million; $5 million over fiscal 2017
- ARC – received $155 million; $3 million over fiscal 2017
- Denali Commission – received $30 million; $15 million over fiscal 2017
- DRA – received $25 million; level with fiscal 2017
- Northern Border Regional Commission – received $15 million; $5 million over fiscal 2017
How are these increases possible? Congress voted earlier this year to do away with discretionary spending caps for the next two years and increased budgetary authority for defense and non-defense spending by hundreds of billions of dollars. While Congress has acted on this new authority, many policy experts are cautioning that such spending levels are not sustainable long term and economic developers will need to remain vigilant for future budget “corrections” that could cut funding or eliminate programs.
Senate President Larry Obhof of Medina has appointed City of Medina Economic Development Director Kimberly Marshall to the Ohio Public Works Commission.
The Public Works Commission provides financing for local public infrastructure improvements through both the State Capital Improvement Program (SCIP) and the Local Transportation Improvement Program (LTIP). SCIP is a grant/loan program for roads, bridges, water supply, wastewater treatment, storm water collection and solid waste disposal. LTIP is a grant program for roads and bridges only.read more
The Champaign Economic Partnership in Champaign County has found a new way to share good news about economic and workforce development – and local job postings: eleven xx-inch TV monitors strategically placed around the county.read more
The Ohio Economic Development Institute, a continuing education program for experienced economic developers, has graduated its first seven participants. Another 16 will complete the program in six months.
The program offers hands-on, practical training in economic development to career professionals with at least three years of experience in the field. The institute is facilitated through a partnership between the Ohio Economic Development Association, the Ohio University Voinovich School of Leadership and Public Affairs, and JobsOhio. Launched in 2016, it is the first state-level economic development certification program in Ohio.read more