PROJECT SLOWDOWN
Governor: Roadwork too costly
Friday, February 16, 2007
James Nash
THE COLUMBUS DISPATCH
Gov. Ted Strickland yesterday applied the brakes to Ohio?’s ambitious road-building plans, saying the state will take on more than $1.2 billion in debt by 2014 if it sticks to its project schedule.
Strickland said he hasn?’t decided to kill any specific undertaking and emphasized that the state would continue to fund roadwork necessary for safety, congestion relief and economic development.
But he signaled that the Ohio Department of Transportation will slow the rapid pace of construction that former Gov. Bob Taft dubbed his ''Jobs and Progress Plan.''
Several major projects in central Ohio hang in the balance, including about $220 million in upgrades to the I-270 interchanges with Rts. 315 and 23 and I-71, and the reconstruction of the I-70/71 split through Downtown that?’s supposed to cost about $500 mil- lion.
Both of those projects are classified as top priorities for ODOT. The department?’s spokesman, Scott Varner, said it would be premature to speculate on whether they?’re in jeopardy.
Strickland noted that ODOT?’s construction costs have increased 30 percent over the past four years and that 15 percent of the department?’s budget would go toward servicing debt by 2015 if it sticks to its plans.
He said the nine-member panel that doles out dollars for major highway projects ''overpromised'' in budgeting more than $5 billion for work over the next nine years.
''I am concerned that through the years, (the Transportation Review Advisory Council) has made more commitments to our local communities than there are funds to finance them,'' Strickland said at a luncheon for Ohio newspaper executives.
Governor: Roadwork too costly
Friday, February 16, 2007
James Nash
THE COLUMBUS DISPATCH
Gov. Ted Strickland yesterday applied the brakes to Ohio?’s ambitious road-building plans, saying the state will take on more than $1.2 billion in debt by 2014 if it sticks to its project schedule.
Strickland said he hasn?’t decided to kill any specific undertaking and emphasized that the state would continue to fund roadwork necessary for safety, congestion relief and economic development.
But he signaled that the Ohio Department of Transportation will slow the rapid pace of construction that former Gov. Bob Taft dubbed his ''Jobs and Progress Plan.''
Several major projects in central Ohio hang in the balance, including about $220 million in upgrades to the I-270 interchanges with Rts. 315 and 23 and I-71, and the reconstruction of the I-70/71 split through Downtown that?’s supposed to cost about $500 mil- lion.
Both of those projects are classified as top priorities for ODOT. The department?’s spokesman, Scott Varner, said it would be premature to speculate on whether they?’re in jeopardy.
Strickland noted that ODOT?’s construction costs have increased 30 percent over the past four years and that 15 percent of the department?’s budget would go toward servicing debt by 2015 if it sticks to its plans.
He said the nine-member panel that doles out dollars for major highway projects ''overpromised'' in budgeting more than $5 billion for work over the next nine years.
''I am concerned that through the years, (the Transportation Review Advisory Council) has made more commitments to our local communities than there are funds to finance them,'' Strickland said at a luncheon for Ohio newspaper executives.