Innerbelt Funding News & Information
The Transportation Review Advisory Council (TRAC) assists in developing a project selection process for ODOT’s largest investments. The TRAC, chaired by ODOT’s Director, also approves “Major New” projects – like the eastbound Innerbelt Bridge – for funding.
On January 31, 2012, the TRAC accepted a draft “Major New” program list. The draft list is a realistic and honest assessment of ODOT’s current funding scenario and addresses the fiscal realities to bring the “Major New” program into balance.
Ohio is facing a $1.6 billion budget shortfall. Without additional new revenues, major new projects around the state, including the second bridge, will be delayed.
Because of the economic decline, cars that use less gas and uncertain federal highway funding, Ohio doesn’t have enough gasoline tax revenue – its primary highway funding source – to keep up with the rising costs of building new transportation projects, let alone maintain its current system.
The draft list is available for a 45-day written comment period through March 17, 2012.
The TRAC vote on the final list is anticipated later this year.
Let the Council Hear YOU:
Ohio Department of Transportation, C/O Jim Gates
1980 West Broad Street
Columbus, Ohio 43223
What is ODOT Doing to Move TRAC Projects Forward More Quickly?