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:

Supporting Files

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