Indiana awards $115M for local road and bridge projects
INDIANAPOLIS (AP) — Nearly 200 Indiana cities, towns and counties have been awarded a combined $115 million in state matching funds for local road and bridge projects.
Gov. Eric Holcomb and Indiana’s transportation commissioner announced the funding Tuesday for 189 municipalities.
The money is coming from fee increases on heavy-duty commercial vehicles that use the Indiana Toll Road. To date, a transportation funding program created by a 2017 state law has provided more than $500 million in state matching funds for construction projects.
Holcomb says that funding means local governments “are improving their roads and bridges at levels unmatched in our state’s history.”
To qualify, local governments must provide local matching funds, 50 percent for larger communities or 25 percent for smaller communities, from a funding source approved for road and bridge construction.