Gov.
John Kasich...
Meeting
the Need for New
Transportation Resources
Maximizing the Turnpike’s Potential
October 26, 2011
FUTURE
TRANSPORTATION FUNDING IS
UNCERTAIN: Federal and state transportation funding faces an uncertain
future
and is not expected to keep up with Ohio’s future needs. The Ohio
Department of
Transportation will soon lack adequate funds to support investment in
major new
projects or even maintain our state’s current system. States must look
at all
options to fund transportation now and in the future and are being
encouraged
by the US Department of Transportation to do so.
OHIO
IS CONSIDERING INNOVATIVE
SOLUTIONS TO KEEP OUR ECONOMY MOVING: As Ohio works to create jobs,
revive the
economy and invest in critical transportation projects, creative ideas
are
needed to leverage every asset and every resource. The Ohio Turnpike
holds
great potential for Ohio and Northern Ohio in particular. To put this
potential
to work for Ohio’s transportation funding needs, the Office of Budget
and
Management, along with the Ohio Department of Transportation, is
exploring
several options, including leasing the turnpike to a private operator
in return
for a lump-sum payment and annual payments throughout the lease; a mix
of private
and public funding; or moving the Ohio Turnpike under the Ohio
Department of
Transportation.
IF
OHIO LEASES THE TURNPIKE, THE
PROCEEDS WOULD SUPPORT SPECIFIC HIGHWAY NEEDS: Ohio is still evaluating
if a
Turnpike lease would be in taxpayers’ best interest, but if it were to
lease
the Turnpike it would use the proceeds in specific ways to improve
highways,
including a focus on Northern Ohio, neglected local projects adjacent
to the
Turnpike, local bridges across the state, and local transit programs.
1.
A
majority of the proceeds would go to
Northern Ohio: The people of Northern Ohio have been paying to use the
Ohio
Turnpike for many years and a majority of the proceeds from a lease
would go to
projects north of US Route 30. Funds would be distributed statewide,
but it is
only fair that more than a majority of it go to the regions whose
residents
have supported the road the most over the years.
2.
Neglected local projects adjacent to the
Turnpike would be supported:
Communities along the Turnpike have been adversely affected by it in
various
ways, but Turnpike policy is to not help address these problems.
Whether it’s
increased noise because of a new third lane or local roads over the
Turnpike
that have been forced to close because of unstable slopes supporting
the
bridges, it is time to be a good neighbor and help local communities
fix
problems that have been neglected or ignored.
3.
Local bridges would have a new dedicated
funding stream: Federal funds
for local bridges come with such burdensome red tape that more than
half of
Ohio’s counties can’t use it because they can’t afford the red tape
compliance
costs. Ohio would use Turnpike lease proceeds to create a dedicated
fund for
local bridges that would be free of the same degree of red tape that
currently
holds back many local communities.
4.
Dedicated funds for public transit: Transit
systems across Ohio would
receive a dedicated portion of Turnpike lease proceeds. Ohio currently
supports
these systems—often small, rural systems focusing on seniors and people
with
disabilities—with General Revenue dollars, which must be
re-appropriated in
every two-year budget and which can vary over time. Replacing the
uncertainty
of General Revenue funding with a reliable, dedicated funding stream
allows transit
agencies to plan with greater confidence so they can continue to help
Ohioans
who need them most.
|