Delaware County TID approves budget amendment to process $813,000 ODOT invoice tied to Silicon Heartland grant
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Summary
The TID approved a budget amendment allowing a one-time $813,000 outlay to ODOT for right-of-way expenses; staff said the payment is a cash‑flow accounting step and will be invoiced back to the Silicon Heartland program.
The Delaware County Transportation Improvement District approved a budget amendment to allow payment of an $813,000 invoice from the Ohio Department of Transportation related to right-of-way costs for a Silicon Heartland project.
Rob of the county engineer’s office described the action as an accounting and cash‑flow exercise: “So it's just a it's a cash flow exercise,” he said, explaining that the TID will pay ODOT and then invoice the Silicon Heartland program for the same amount, requiring a temporary appropriation to spend the funds.
Secretary-Treasurer Cy Keeley reported the TID’s current cash balance as $6,029,126.69 during the same meeting. The board moved, seconded and approved the amendment by voice vote.
The amendment clarifies accounting lines for the Silicon Heartland-related work and adjusts descriptions so year‑end books are accurate. Staff said the change is administrative and that funds will be offset by the grant reimbursement from the Silicon Heartland program once invoiced.