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Thursday, November 21, 2024

Mayor Ginther proposes record $1.99 billion capital budget for Columbus

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Mayor Andrew J. Ginther, City of Columbus | City of Columbus website

Mayor Andrew J. Ginther, City of Columbus | City of Columbus website

Mayor Andrew J. Ginther today presented his proposed 2024 Capital Budget, which includes $1.99 billion for crime-fighting tools, technologies and facilities; projects to expand the city’s affordable housing stock; new and renovated fire stations; new and improved parks, pools and community centers; resurfaced roadways; city utilities and more. With $618 million in carryover funding, the proposed 2024 Capital Budget is the largest in city history – a reflection of the region’s continued growth as Central Ohio attracts new residents, businesses, and visitors at historic levels.

“This budget demonstrates our commitment to strengthening community safety, affordable housing, and transit and utility infrastructure as our region grows in impact and influence,” said Mayor Ginther. “By putting in place the infrastructure needed to ensure that every resident is empowered and enabled to thrive, we are embracing smart and equitable growth in ways that improve quality of life and lay the foundation for a bright and prosperous future.”

The capital budget was submitted via ordinance for consideration by Columbus City Council, which will hold the following public hearings to discuss the mayor’s proposal:

- Tuesday, July 2, at 4 p.m. (Virtual)

- Monday, July 8, at 6 p.m. (Linden Community Center - 1350 Briarwood Avenue)

- Tuesday, July 9, at 6 p.m. (Columbus Fire Academy - 3639 Parsons Avenue)

The 2024 Capital Budget is established based on funds from bond sales backed by the Income Tax Set Aside fund (ITSA) with debt issued by the Department of Public Utilities (or Enterprise Fund). The full budget is available online at www.Columbus.gov/capital.

City Hall

90 West Broad Street

Columbus, Ohio 43215

Phone: (614) 645-3111

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