August 18, 2013 – Ohio isn't waiting for Congress to get off its butt and focus on infrastructure. Ohio Gov. John R. Kasich recently announced a jobs and transportation plan that includes more than 40 major road construction projects across the state that the Ohio Department of Transportation plans to build over the next six years. These projects will improve motorist safety, reduce congestion on highways, add capacity and improve the state’s economy. All told, ODOT plans to spend nearly $3 billion on these projects. It is estimated that for every billion dollars spent on transportation infrastructure, 30,000 jobs are created. The Ohio General Assembly’s passage of the state’s $7.6 billion two-year Transportation Budget, which Kasich signed into law in April, allows the newly renamed Ohio Turnpike and Infrastructure Commission to seek an estimated $1.5 billion in bonds backed by future revenues to finance additional transportation projects.
Moving Ohio Forward
- Written by Mark Kuhar