Florence has become the first city in Kentucky to create a Transportation Improvement District, knowns as a TID, designed to give communities more funding flexibility and local control of transportation-related projects. The city council voted 4 to 2 on Tuesday to approve an ordinance creating the district, an opportunity made possible through the state legislature. […]
Tag: Transportation Improvement District
Posted inNews
What is a Transportation Improvement District and how could Florence use one?
Florence city council recently discussed Transportation Improvement Districts (TIDs) and whether the city might consider creating one next fiscal year. During the meeting on Feb. 5, council members heard from former State Representative Sal Santoro and Wade Williams, a consultant with Cincinnati-based Montrose Group, who helped Boone County establish a TID, becoming the first to […]
Posted inNews
Kenton County establishes Transportation Improvement District for infrastructure upgrades
Kenton County became the second county in Northern Kentucky to create a Transportation Improvement District on Tuesday. This financial vehicle is designed to pool money from various sources and dedicate it to infrastructure improvements. The districts are able to fund construction, property acquisition, demolition or removal services, site preparation, equipment, communication facilities, financing expenses, studies […]
Posted inNews
Kenton County moves toward creating district for infrastructure funding
Kenton County is looking to create its own Transportation Improvement District — a funding vehicle that would help finance countywide infrastructure projects. On Tuesday, the fiscal court conducted a first reading of an ordinance that would create a Transportation Improvement District, a special-purpose governmental entity created to coordinate and fund transportation-related projects within a specific […]
Posted inNews
Boone County approves state’s first Transportation Improvement District
Boone County Fiscal Court has passed an ordinance creating a Transportation Improvement District, a special-purpose governmental entity created to coordinate and fund transportation-related projects within a specific geographic area.
Posted inNews
Boone County mulls funding for future infrastructure projects
Boone County is considering the creation of a new funding district for future infrastructure projects. On Tuesday, the Boone County Fiscal Court conducted a first reading on an ordinance relating to the creation of a Transportation Improvement District — a special-purpose governmental entity created to coordinate and fund transportation-related projects within a specific geographic area. […]