State Fiscal Highlights
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STATE FUND |
FY 2010 – FUTURE YEARS |
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Highway Operating Fund (Fund 7002) – Department of Transportation |
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Revenues |
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Expenditures |
Minimal increase to install and maintain markers |
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Note: The state fiscal year is July 1 through June 30. For example, FY 2010 is July 1, 2009 – June 30, 2010. |
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· The Ohio Department of Transportation (ODOT) may incur minimal costs to install suitable markers near the I-480 Valley View Bridge in Cuyahoga County. There may also be future maintenance costs for routine upkeep or for repairs if the markers are damaged.
Local Fiscal Highlights
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LOCAL GOVERNMENT |
FY 2010 – FUTURE YEARS |
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Village of Valley View – Cuyahoga County |
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Revenues |
- 0 - |
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Expenditures |
Minimal increase to install and maintain markers |
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Note: For most local governments, the fiscal year is the calendar year. The school district fiscal year is July 1 through June 30. |
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· If ODOT chooses not to erect markers, the Village of Valley View in Cuyahoga County may incur minimal costs if it chooses to install markers near the I-480 Valley View Bridge. There could also be some future upkeep and repair costs if these markers are installed.
Detailed Fiscal Analysis
The Ohio Department of Transportation (ODOT) may incur minimal costs to install suitable plaques or signs on or near the I-480 Valley View Bridge in Cuyahoga County. Current costs to manufacture, install, and maintain a single set of memorial plaques or markers at one location are estimated to be a few hundred dollars, depending on the size of the marker(s), equipment and materials needed to install them, and the frequency of maintenance.
When a highway or bridge is designated as a memorial, the Department's policy is to first install a memorial plaque in a rest area, scenic overlook, recreational area, or other appropriate location. If this is not practical, a marker is installed along the highway or near the bridge instead. Two plaques or two markers are usually installed, one in each direction at each location.
More often than not, ODOT erects markers for memorial highways or bridges named through legislation. However, if ODOT chooses not to install the plaques or markers, the Village of Valley View in Cuyahoga County may install such markers near the bridge and would incur the expense for doing so.
