2014 ohio planning conference july 15 & 16, 2014 odot ... · office of jobs & commerce 1...
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1 Office of Jobs & Commerce
ODOT Office of Jobs & Commerce Glenda Bumgarner, Deputy Director
2014 Ohio Planning Conference July 15 & 16, 2014
2 Office of Jobs & Commerce
Jobs & Commerce Mission… Aligning transportation strategies and investments with the needs of Ohio’s businesses and workers
Promote job creation and retention in Ohio by assisting businesses and communities to deliver transportation solutions…at the speed of business
3 Office of Jobs & Commerce
Jobs & Commerce Team
Rapid-response team with 6 regional managers dedicated to helping communities move quickly…we are fast…really fast!
Business and transportation backgrounds
Liaisons between public and private sector
Funding strategists who will help champion complex and sensitive conversations – we’ll help get your partners on the bus.
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We assist Ohio’s businesses and communities by offering:
Guidance on funding strategies that will help you pay for the projects
Data analysis and site intelligence
Liaison between JobsOhio, economic development partners, and the business community
Provide service supports that include design, cost estimates, and construction to remove barriers for businesses
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Current Trends Non-traditional funding solutions and partners
Movement to competitive funding programs (TIGER, TIDs, etc.)
Inclusion of economic impact in project scoring
Infrastructure tailored to needs of industry - 80% of all new jobs are created by EXISTING companies…generating payroll and sales taxes.
The “build it and they will come” philosophy is expensive and not guaranteed to produce a return. Robust regions and communities are really good at identify the economic impact areas.
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Jobs & Commerce: Critical Questions
How does new or improved infrastructure support job growth?
How effectively can and do the partners collaborate?
Can partners leverage funding?
Are incremental gains (progress!) occurring? Have projects advanced?
Risk-adverse? Good! Public dollars…
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Takeaway Points
The ODOT Office of Jobs & Commerce is a rapid response team that specializes in fast-moving projects on the economic development front.
We can assist you to identify transportation funding mechanisms and strategies – ED practitioners and engineers working together!
Your project does not have to be on the ODOT infrastructure – we go anywhere to help facilitate job creation and retention for Ohio workers
We have completed over 200 projects and favorably impacted more than 54,000 jobs. We have partnered in project costs upward of $155 million.
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Contact Information
Glenda Bumgarner
(614) 387-5206 [email protected]
www.Transportation.Ohio.Gov/Divisions/JobsandCommerce