Revitalize Iowa's Sound Economy (RISE)
- The RISE fund was created in 1985 by the Iowa General Assembly to promote economic development in Iowa through construction or improvement of roads and streets. RISE is funded by a 1.75-cent-per-gallon motor fuel tax.
- RISE funding assists the efforts of local communities to attract industries to Iowa, as well as to expand existing ones. There were 24 projects awarded funding in FY 2012 and 23 in FY 2013.
- • Since its beginning, RISE has assisted in creating or retaining almost 59,537 jobs, and supported $22 billion in associated capital investment. (July 2013)
- • Since the program originated, more than $386 million in RISE funding has been approved by the Iowa Transportation Commission for 791 projects. (July 2013)