Ohio Governor and CEO plan to tap toll funds thwarted in state legislature

Ohio house and senate finance committees have stripped from a so-called "Jobs Bill" or "Stimulus Package" all references to tapping toll revenues of the Ohio Turnpike in a rebuff to the Governor Ted Strickland and Turnpike CEO George Distel. The Governor had argued that the Turnpike should set aside $20m a year to fund debt service on $200m which would be used to support spending by a state Public Works Commission in small make-work projects all over the state.

Legislators nixed the use of Turnpike revenues this week in stages, first limiting spending to the Turnpike corridor, then dumping the plan.

earlier report

http://www.tollroadsnews.com/node/3549

TOLLROADSnews 2008-05-24