Write Up:

The Cost Share Program builds partnerships with local entities to pool efforts and resources to deliver state highway and bridge projects. When local entities are willing to partner with MoDOT, MoDOT matches their investment up to 50% of the project cost. MoDOT works in cooperation with the Missouri Department of Economic Development and local entities to determine when targeted investments can be made to generate economic development and may provide up to 100% of the project cost.

On Jan. 8, 2014, the Missouri Highways and Transportation Commission suspended the Cost Share Program due to declining transportation funding. On Jan. 4, 2017, the Missouri Highways and Transportation Commission reactivated the Cost Share Program for fiscal year 2018. 

During the second quarter FY 2020, Cost Share Program funds of $15.9 million were approved for six projects for a fiscal year total of 14 projects totaling $72.6 million.  For every $1 of Cost Share Program funds, local entities provided $0.56 of cash, which is below the target.  This is primarily due to the approval of the Rocheport Bridge/Mineola Hill Infrastructure for Rebuilding America grant project at the September 2019 Cost Share Committee meeting.  Although only leveraging $4.2 million in local cash for the $38.6 million of Cost Share Program funds, the approval of this project allows for the acceptance of $81.2 million of federal INFRA grant funds and triggers $301 million of State General Revenue funds for the Focus on Bridges program that repairs or replaces 215 bridges across the state.

In addition, the Missouri General Assembly appropriated $50 million to the Missouri Department of Transportation and the Missouri Department of Economic Development to create the Governor's Transportation Cost Share Program to build partnerships with local entities to deliver public road and bridge projects.  In the second quarter of FY 2020, the Governor's Transportation Cost Share Program funds of $50 million were approved for 20 projects.  For every $1 of Governor's Transportation Cost Share Program funds, local entities provided $0.84 of cash. 

Purpose of the Measure:

This measure tracks local entity cash leveraged from the Cost Share Program. 

Measurement and Data Collection:

Data for this measure is collected from a partnership database.

The target for this measure was set by management directive.