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Ohio


Kasich and Ohio Senate want to renew, expand capital fund
Faber says its a huge program for Ohio's local communities
by WKSU's ANDY CHOW


Reporter
Andy Chow
 
Keith Faber says the state's capital fund has contributed significantly, and will create jobs if continued and expanded.
Courtesy of File photo
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In The Region:

The state’s top leaders gathered to discuss the major decisions made in Ohio in 2013, but they also looked to the future. Statehouse correspondent was there to cover a big effort to come in 2014.

LISTEN: Capital project renewal

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In an event typically used to review the accomplishments of the General Assembly in the past year, Republican Sen. Keith Faber announced an ambitious goal.

While sharing a stage with Gov. John Kasich and House Speaker Bill Batchelder, the senate president told the Ohio Chamber of Commerce that a resolution has been introduced to extend the State Capital Improvement Program.

This program partners with the Ohio Public Works Commission to improve the infrastructure of communities around the state.

Fully fundable
The program used to provide $150 million in project funding, but the proposed ten-year continuation would raise this to $175 million for the first five years, then $200 million for the next five years.

Faber told members of the chamber of commerce that this effort is “fully fundable.”

"You want to know how good of news that is? Go home and talk to your county engineers, go home and talk to your township trustees,go home and talk to you city council,go home and talk to your economic development directors locally about what this means to help your community build the infrastructure to help generate support for the next generation of jobs.”

Faber hopes to have the House and Senate approve the resolution by the end of January in order for the continuation to appear on the May 2014 ballot.

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