Local Entity Cash Leveraged for Cost-Share Program -6f

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.

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Write Up:

The Cost-Share Program builds partnerships with local entities to combine resources and efforts toward delivering state highway and bridge projects. When local entities are willing to partner with MoDOT, the department matches their investment up to 50% of the project cost. MoDOT works in cooperation with the Missouri Department of Economic Development (DED) and local entities to determine when targeted investments can generate economic development, and in some cases, may provide up to 100% of the project cost.

In fiscal year 2026, the Cost-Share Program funds of $9.1 million were committed to two projects. For every $1 of Cost-Share Program funds awarded, $1.02 of local cash was leveraged, which is $0.02 above the target. 

In FY 2023, the Missouri General Assembly appropriated an additional $75 million for the Governor's Transportation Cost-Share Program. In FY 2023, funding was awarded to 28 projects. For every $1 awarded through the Governor's Transportation Cost-Share Program, 91 cents of local cash were leveraged.

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.

Result Driver

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Doug Hood
Title
Assistant Financial Services Director
Department
Financial Services
Contact Info

Measurement Driver

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Sunny Wilde
Title
Financial Services Administrator
Department
Financial Services
Contact Info

Email: sunshine.wilde@modot.mo.gov

Phone: 573-526-3690