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Economic Stimulus and Summit County. By Alan Brubaker, P.E., P.S. Summit County Engineer. American Recovery and Reinvestment Act. Act passed in February of 2009 Roughly included $787 billion of federal funding to be used in the following areas: Federal Tax Cuts - $288 billion (36.6%)
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Economic Stimulus and Summit County By Alan Brubaker, P.E., P.S. Summit County Engineer
American Recovery and Reinvestment Act • Act passed in February of 2009 • Roughly included $787 billion of federal funding to be used in the following areas: • Federal Tax Cuts - $288 billion (36.6%) • Expansion of Unemployment Benefits - $82.5 billion (10.5%) • Education - $90.9 billion (11.6%) • Healthcare – $147.7 billion (18.8%) • Energy Efficiency – $61.3 billion (7.8%) • Infrastructure - $80.9 billion (10.3%)
Infrastructure Investment • Total: $80.9 billion • Core investments (roads, bridges, railways, sewers, other transportation) • Road and highway construction is the biggest single line infrastructure item in the final bill • Total: $51.2 billion • $27.5 billion for highway and bridgeconstruction projects (3.5% of total stimulus) • $8 billion for intercity passenger rail projects and rail congestion grants, with priority for high-speed rail • $6.9 billion for new equipment for public transportation projects (Federal Transit Administration) • $6 billion for wastewater and drinking water infrastructure (Environmental Protection Agency) • $1.3 billion for Amtrak • $100 million to help public transit agencies • $750 million for the construction of new public rail transportation systems and other fixed guideway systems. • $750 million for the maintenance of existing public transportation systems • Source: Recovery.gov
Funding • Funds are being passed down to local governments from many agencies on the state and federal level • On the transportation side, funds are coming from the federal Department of Transportation, Ohio Department of Transportation and the Akron Metropolitan Area Transportation Study (explain AMATS here) • Most local funds were funneled through ODOT
Requirements • Transportation projects had to meet certain requirements to get funding • “Shovel Ready” was one of the most used words of 2009 • A lot of confusion on what “shovel ready” meant for a project • Most shovel ready projects were projects that already had funding and were moving forward, not new projects • (Share our stance, discussion of that issue?) • Must create or save jobs
Application process • A lot of “hurry up and wait” • The state of Ohio took applications through “ohio.recovery.gov” • A lot of confusion surrounding the process • Our office submitted 30 projects for a total of $24 million through the state of Ohio
AMATS application process • AMATS received roughly $14 million from ODOT in stimulus money • AMATS policy committee distributed that money to several projects in Summit and Portage Counties • Our office received $663,000 for Waterloo Road in Springfield Township through these funds • Project has just went out to bid this month and expected to be complete by the this summer
Project of note • Greg McNeil of Hudson quiet zone