Write Up:

The Cost-Share Program is a collaborative effort between MoDOT, the Department of Economic Development (DED) and local entities to pool efforts and resources to deliver state highway and bridge projects. Funds are set aside for projects that demonstrate economic development. MoDOT works closely with these partners to identify when targeted investments can produce the most economic impact for Missouri. Projects selected for the set-aside funds may be funded up to 100% of the project cost. Set-aside funds are $9 million. Tracking this data ensures economic development funds are being utilized. 

At the end of the first quarter of fiscal year 2026, $36.9 million in economic development funds are available for eligible projects. The FY 2026 and FY 2027 allocations include $900,000. in project savings and a project withdrawn from a previous year. For FY 2029 and FY 2030, only 50% of the funding allocations are available. $1.7 million was committed and approved for projects in FY 2025 by the Cost Share Committee, however that amount was not approved by the Missouri Highways and Transportation Commission until FY 2026. The overall goal is to commit all available funds to projects. MoDOT continues to work with districts, local partners and DED to promote the program and identify projects that demonstrate an economic impact for Missouri.

Purpose of the Measure:

This measure tracks the percent of economic development funds committed to projects.

Measurement and Data Collection:

Data for this measure is collected from a partnership database.