Lehner Announces Introduction Of Capital Budget
Capital Budget Advances Local Projects, Invests in Job Creation
March 18, 2014
 
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STATEHOUSE - 

Senator Peggy Lehner (R–Kettering) today announced the introduction of Ohio’s 2014 Capital Budget, which provides local investment dollars to support individual communities’ construction priorities. The bill funds needed improvements to public facilities across the state including schools, colleges and universities, and parks.
 
The legislature generally approves a capital budget every two years in order to fund pressing construction and maintenance projects around the state. The plan also serves as an important mechanism in creating Ohio jobs and moving the state’s economy forward.
 
"Capital investment stimulates the region’s economy by supporting economic development initiatives and encouraging job creation,” said Lehner. “By strengthening our infrastructure and enhancing our world-class culture institutions, we are working to make the Dayton region an even more inviting place to live and work.”
 
Once fully enacted, Ohio’s proposed new public construction budget will create approximately 31,000 new jobs over the next several years from the $2.386 billion it injects into needed repairs, maintenance and construction of publicly owned buildings and other infrastructure at the state and local level.
 
The capital budget includes:

  • $675 million for local school construction, including repairs, renovations and new primary and secondary education facilities;
     
  • $454.5 million for Ohio’s 37 public colleges and universities;
     
  • $369 million for local infrastructure projects administered by the Ohio Public Works Commission, including upgrades, replacement and new construction of local roads and bridges, storm and sanitary sewers, water lines and other vital infrastructure;
     
  • $100 million for the Clean Ohio program to improve outdoor recreational opportunities and fund the preservation of open spaces and farmlands;
     
  • $574.3 million for maintenance and renovations at state-owned facilities including Ohio State Parks, state prisons, mental health facilities and other public facilities.

 
Details of the Capital Budget Bill can be found at: www.obm.ohio.gov/SectionPages/Budget/Capital.aspx

 
 
 
  
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