Funding Large Projects in Ohio's Small and Medium Sized Metropolitan Planning Organizations
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ROSA P serves as an archival repository of USDOT-published products including scientific findings, journal articles, guidelines, recommendations, or other information authored or co-authored by USDOT or funded partners. As a repository, ROSA P retains documents in their original published format to ensure public access to scientific information.
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Funding Large Projects in Ohio's Small and Medium Sized Metropolitan Planning Organizations



English
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Details:

  • Creators:
    Rushley, Elizabeth B.
  • Subject/TRT Terms:
  • DOI:
  • Resource Type:
    Proceedings
  • Geographical Coverage:
    Ohio
  • TRIS Online Accession Number:
    00778499
  • NTL Classification:
    NTL-HIGHWAY/ROAD TRANSPORTATION-HIGHWAY/ROAD TRANSPORTATION;NTL-HIGHWAY/ROAD TRANSPORTATION-Construction and Maintenance;NTL-ECONOMICS AND FINANCE-Funding;
  • Abstract:
    This abstract addresses how the state of Ohio assists the smaller MPO areas in

    funding larger transportation projects. The amount of funds and corresponding

    obligation ceiling available to an individual smaller MPO in a particular

    year make the funding of a large transportation project (>$1,000,000) virtually

    impossible.

    The intent of this paper is to describe the options the Ohio Department of

    Transportation and the Ohio MPOs employ in assisting the smaller areas in

    funding a larger project. These options would be useable by any other

    Department of Transportation or MPO.

    The Ohio Department of Transportation (ODOT) suballocates STP funds to all

    sixteen MPO areas. The allocation formula for an area with less than 200,000

    population is based on a per capita amount derived from the distribution

    formula in TEA-21 for the over 200,000 MPOs. ODOT also distributes obligation

    limits based upon the same percentage as the state's ceiling.

    In large MPO areas, the amount of funds available allow the agencies to fund a

    number of projects in any given year. However, a smaller area received an

    average of $435,000 each year and can commit roughly $400,000 to fund projects.

    ODOT and the MPOs have developed several options to assist these areas in

    funding larger transportation projects while allowing the Transportation

    Improvement Program to remain fiscally constrained. These options include State

    Infrastructure Bank loans, borrowing/using funds and obligation limits allocated

    to other MPO areas.

  • Format:
    PDF
  • Collection(s):
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  • File Type:
    Filetype[PDF-248.89 KB]

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