Funding Large Projects in Ohio's Small and Medium Sized Metropolitan Planning Organizations
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Funding Large Projects in Ohio's Small and Medium Sized Metropolitan Planning Organizations

Filetype[PDF-248.89 KB]


  • 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.

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