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On May 6, 2014, Ohio voters will be asked to approve an amendment to the Ohio Constitution to permit the issuance of additional general obligation bonds to fund public infrastructure capital improvements.  See  Ballot Language and fulltext of the amendment.   The proposal would enact new Section 2s of Article VIII of the Ohio Constitution.  It is a renewal of the State Capital Improvement Program for local public works.  The expiring program provided funding of $120 million and $150 million, respectively, over the current 10-year period.  The proposed program will provide provide $175 million in bonds annually for local public works projects over the first five years and $200 million annually over the last five years, an increase of $25 million in each of the next five years and by $50 annually over the following five years.

 

 

 

 

 

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