Mayor Ginther Sends 2023 Capital Budget to Columbus City Council
Published on June 06, 2023
Mayor Andrew J. Ginther has proposed a $1.74 billion investment in public safety and critical neighborhood infrastructure. The 2023 Capital Budget includes $1.1 billion in new funding dedicated to building safe, resilient communities and to promoting the health, well-being and economic stability of Columbus residents – the pillars of the mayor’s equity agenda: Opportunity Rising.
“Our capital budget reflects our top priorities – public safety, affordability and the neighborhood infrastructure that is the backbone of our community,” said Mayor Ginther. “This includes new crime-fighting tools and technology, a new police substation, a new fire station and fire apparatus, affordable housing units, historic street resurfacing and more.”
Highlights of the 2023 Capital Budget include:
- $5 million in ATF safety funding to track illegal crime guns
- $10 million for fire apparatus
- $23 million for a new Hilltop police substation and Northside fire station
- $50 million to increase the number of new and rehabbed affordable housing units
- $37 million in street resurfacing
- $25 million in roadway and intersection improvements
- $14 million for pedestrian safety and bikeway projects
“The size and scope of our capital budget reflects the strength of our financial position, our fiscal discipline, and our stewardship of taxpayer dollars,” said Kathy Owens, director of finance and management. “Through careful planning, maintaining proper reserves and through our focused efforts to create jobs that produce income tax revenue, we’ve maintained the highest credit rating possible. That means we can invest more in neighborhoods at a lower cost to taxpayers.”
The capital budget was submitted via ordinance for consideration by Columbus City Council who will hold the following public hearings to discuss the mayor’s proposal:
Today, June 6, at 6 p.m.
Scioto Southland Community Center
3901 Parsons Avenue
Wednesday, June 7, at 6 p.m.
Howard Community Center
2505 North Cassady Avenue
A virtual public hearing is scheduled for Tuesday, June 13, at 4 p.m.
The 2023 Capital Budget is established based on funds from bond sales and loans, through the Special Income Tax (SIT) and by the Department of Public Utilities (or Enterprise Fund).