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:
  • Transportation planning
  • Planning
  • Annual reports
  • Reports
  • Transportation departments
  • Logistics
  • Financing
  • Revenues
  • Operating revenues
  • Finance
  More +
• 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.
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• Format:
  PDF
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/25257/dot_25257_DS1.pdf
• File Type:
  [PDF - 6.01 MB]
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha-512:6dd549742b119853eca0c3464c39f6f9d72c208a9a831dee0cc14d6d3934c0a6724c52093bd2f37ff137416504b8f0757db3a2b65f15732d9cf95ca490b51b5e