Skip to main content

US state of Ohio investigates road fund alternatives

The authorities in the US state of Ohio continue to investigate new methods of generating revenue for highway investment. The state is facing a funding shortfall of up to US$1.6 billion on its highway maintenance and expansion plans to meet traffic volume needs. As a result, the Ohio Department of Transportation (ODOT) is moving forward with a plan to explore the commercial development of certain state-owned rest areas. The state is pursuing the conversion to service plazas of five of the state’s 59 non-int
June 15, 2012 Read time: 2 mins
The authorities in the US state of Ohio continue to investigate new methods of generating revenue for highway investment. The state is facing a funding shortfall of up to US$1.6 billion on its highway maintenance and expansion plans to meet traffic volume needs. As a result, the Ohio Department of Transportation (ODOT) is moving forward with a plan to explore the commercial development of certain state-owned rest areas. The state is pursuing the conversion to service plazas of five of the state’s 59 non-interstate rest areas. “Rest areas are expensive to operate and maintain, and in some cases, they have become safety hazards to motorists travelling in our state,” said ODOT director Jerry Wray. “If we can generate enough money to offset the costs and improve safety, Ohioans will be better off. Plus, generating much-needed new money will allow us to get shovels in the ground and begin construction much sooner on some of the major transportation projects that will help drive our state’s economy into the future.”

Currently, ODOT spends almost $50 million/year to maintain all 104 rest areas in Ohio. Rest area maintenance costs include paying utility bills, as well as resurfacing parking lots, improving buildings and paying for general services. In January, ODOT announced its $1.6 billion budget hole that forced the department to push back by decades some of the state’s largest construction projects. Since then, the agency has initiated a complete review of all current and future transportation projects to identify those that could be candidates for public-private partnerships. It has also sought to identify additional resources to aid in the funding of major transportation projects throughout the state.

Related Content

  • US increased transportation budget proposals
    July 12, 2012
    IRF's Washington Programme Centre provides an update on some latest developments in the 2010 Budget plan There has been further recent action from both Congress and the White House on budget plans that will guide the Transportation Reauthorization Bill for the next six years. On 7 May, President Obama proposed large increases for rail and highways in his 2010 Budget plan, including the largest amount of funding that any President has sought for Amtrak, or for the development of high-speed rail in the United
  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
  • MIRA builds on reputation for transport excellence
    October 3, 2012
    MIRA in central England has begun a huge redevelopment of its 830 acre site that will see the renowned centre for transport technologies expand its capabilities while, at the same time, create the largest transport research and development technology park in Europe. Guy Woodford reports This is all very impressive,” said Deputy Prime Minister Nick Clegg in April 2011 on hearing a presentation of MIRA’s ambitious expansion plans. As succinct appraisals go, Clegg’s view of MIRA’s plans to develop its brand of
  • Concern over the state of US bridges
    April 1, 2019
    Bridge condition is a serious concern in the US, according to a new report from American Road & Transportation Builders Association (ARTBA).