ODOT Advisory Group Looks at Funding for Transportation
Adequate funding for infrastructure — notably Ohio’s roads and bridges — is a top priority for economic development in the state.
In the face of declining gas tax revenues and changes in transportation technology, Governor DeWine and ODOT established the Governor’s Advisory Committee on Transportation Infrastructure.
The final report of this advisory committee was issued in February, and includes many opinions about transportation infrastructure issues and in particular how to bring up revenue to cover needs in the future. The report notes that the “only funding mechanism that generated broad consensus was an increase in the motor fuel user fee.”
This report can be obtained at: https://content.govdelivery.com/attachments/OHOOD/2019/02/15/file_attachments/1156380/Transportation%20Report%20Final%20smaller%20file.pdf?utm_source=BenchmarkEmail&utm_campaign=2019-2-18_Newsletter_FINAL&utm_medium=email
Keeping Ohio Ahead, Submitting for Governor’s Cup on a Quarterly Basis
Participation in Site Selection’s Governor’s Cup is an important opportunity to showcase your communities and how you’ve made an impact by nominating the economic development project wins.
read moreHold the Date: July 26th – Community Rooted Economic Inclusion Playbook Webinar
The Ohio Economic Development Association is sponsoring a complimentary webinar on bringing equity and diversity to neighborhoods on July 26, 2021, 3 to 4:30pm. Sponsored in collaboration with the International Economic Development Council and the Brookings Institute, the Community-rooted Economic Inclusion Strategic Action Playbook argues that now is the time for community, city, and regional leaders to advance bold place-based solutions that foster long-overdue investment and opportunity within disinvested communities—and to do so in a way that benefits existing residents and small businesses within these communities.
read moreSubstantial Transportation Funding Opportunities Blossoming
While this May has been cold, transportation funding opportunities are starting to heat up. The month of May brings with it funding opportunities for Ohio’s Transportation Improvement Districts (TIDs). Ohio has 51 TIDs covering large areas of the state. These intergovernmental agencies are designed to foster planning and cooperation among different counties and local governments to plan for regional transportation priorities. TIDs have local, state and federal transportation funding sources upon which they can access.
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