In total, about half of all public transit funding comes from local funds, followed by a quarter of funding through federal dollars, and fares generating around 15%. In FY2012, just 3% of Ohio’s total investment in public transportation was through state contribution.
Public transit is critical to creating a vibrant state economy in Ohio by moving people from where they live to where they work. Below, we dispel comment myths about public transportation by highlighting the broad benefits it provides.
Last week, the United States Supreme Court ruled on a case out of South Dakota that will greatly impact Ohio and other states who have argued that they were losing out on billions of dollars in tax revenue due to online sales.
Opportunity Zones were established out of the Tax Cuts and Jobs Act passed in December 2017. With a focus on attracting private investment, the program offers tax benefits to investors who invest their money in the designated Opportunity Zones.