LOC News

Webinar: ODOT Fund Exchange (FEX) Program Updates

The LOC and Oregon Department of Transportation hosted a webinar October 12, 2021 to provide an overview of the Surface Transportation Block Grand Fund Exchange program.  Presenters included Shelley Bokor (ODOT Fund Exchange Program Manager) and Alice Bibler (Program & Funding Services Manager).

As part of the agreement between the Oregon Department of Transportation (ODOT), the League of Oregon Cities (LOC), and the Association of Oregon Counties (AOC), ODOT staff reviewed the intent of the Surface Transportation Block Grant (STBG) Fund Exchange program.  As a result, several major changes were incorporated and took effect on January 1, 2021, with additional changes taking effect on January 1, 2022.  The additional changes are to enforce the lapsing of funds allocated four years prior and the new exchange rate.  The LOC believes cities would benefit from an overview on the program changes and processes moving forward.

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Watch the webinar

Download the presentation

To learn more, check out ODOT's STBG website:  https://www.oregon.gov/odot/LocalGov/Pages/Funding.aspx

Contact: Jim McCauley, Legislative Director - jmccauley@orcities.org