Ohio Department of Transportation Financial & Statistical Report : Fiscal Year 2007

Details

• Alternative Title:
  Ohio Department of Transportation Financial and Statistical Report : Fiscal Year 2007
• Corporate Creators:
  Ohio. Dept. of Transportation
• Subject/TRT Terms:
  Annual Reports Finance Financing Logistics Operating Revenues Planning Reports Revenues Transportation Departments Transportation Planning
• Resource Type:
  Organization Info
• Geographical Coverage:
  Ohio
• Corporate Publisher:
  Ohio. Dept. of Transportation
• Abstract:
  On behalf of the dedicated men and women of the Ohio Department of Transportation, I share with
  
  you this Financial and Statistical Report for State Fiscal Year 2007, documenting the state and
  
  federal dollars invested by ODOT into preserving, maintaining, and modernizing Ohio's multi-modal
  
  transportation system.
  
  During the state fiscal year from July 1,2006, through June 30,2007, ODOT appropriated $3.59
  
  billion, an investment of approximately $700 million more into the state's transportation infrastructure
  
  than four years ago.
  
  ODOT has three primary funding sources: state and federal gas tax and bond revenues. With those
  
  dollars, the department provides for the preservation of the existing state infrastructure, funding for
  
  local infrastructure, investment in major new projects, operating costs for the department, and efforts
  
  to integrate all modes of transportation - connecting highway, rail, transit, aviation, waterway, bike
  
  paths and pedestrian trails.
  
  More than connecting points on a map, the investments made into Ohio's transportation system
  
  contribute to job creation. These dollars are critical to generating long-term, high value jobs and the
  
  economic development the state must support, as we work together to turnaround Ohio. Also behind
  
  these financial statistics are the fiscal challenges currently facing the department, as we confront the
  
  continued high costs for oil, materials and energy which have driven double-digit construction
  
  inflation. This situation is made worse by flattening state revenue and uncertain future federal funding.
  
  As Governor Strickland often reminds, it is in hard times such as these that we must live within our
  
  means and invest in what truly matters to Ohio. As a department, we are committed to being good
  
  stewards of the public trust and the public dollar. Money matters and the cost of doing business will
  
  always be a primary concern, not an afterthought. We will direct our resources at efforts that target
  
  our greatest needs and greatest opportunities.
  
  Finally, we will emphasize those investments and solutions that build reliable partnerships instead of
  
  competition between state and local governments, between government and the private sector, and
  
  between Ohio's diverse industries and interests. Simply put, we are committed to working toward the
  
  common good for all Ohioans.
  
  
• Format:
  PDF
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha256:5d1e3b8c78a7c0dc358b79a448ee3defa1681233a8d2265492dcf25baa9ba009
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/25257/dot_25257_DS1.pdf
• File Type:
  [PDF - 6.01 MB ]