ROAD FUNDING
Background: To support Hoosier communities’ ability to maintain and accelerate economic growth, Indiana needs an additional $2.4 billion in revenue to repair local infrastructure in poor condition.
Policy Solution: Support policies that increase available funding for local road funding infrastructure.
- New Revenue: Increase the available resources for local roads and streets, state-maintained right of way, and transformational infrastructure investments by establishing fuel-agnostic revenue streams with long-term projected growth. Examples include tolling, choice or HOT lanes, regionally based tax options, or a mileage-based user fee pilot.
- Distribution: Support a growth-positive distribution formula where dollars follow traffic while also ensuring all infrastructure is maintained at a high level.
- Transformation: Support collaborative efforts between INDOT, local communities, and the private sector, like the redesign of the Inner Loop interstate system, which aims to reconnect the Indy region, renew downtown neighborhoods, and catalyze Indiana’s economic development.