/ Financial / Indiana DOT Provides $120M in Local Transportation Funding

Indiana DOT Provides $120M in Local Transportation Funding

As reported by the AASHTO Journal: https://aashtojournal.org on February 25, 2020 - in Financial, News

The Indiana Department of Transportation issued $120.8 million worth of federal transportation funding on February 12 to 52 cities, towns, and counties in rural portions of Indiana to support local road, bridge, and sidewalk projects.

[Above photo by the Indiana DOT.]

The money comes from the state’s Next Levels Roads program – implemented by the administration of Governor Eric Holcomb (R) in mid-2017 – which aims to spend an estimated $10 billion on construction and maintenance of state highways over the next five years and more than $30 billion in the next 20 years.

Gov. Holcomb

“Indiana is making unprecedented investments in infrastructure,” the governor said in a statement. “Our partnership with cities, towns, and counties to improve local roads and build new sidewalks is an important element in our bold strategy to enhance connections for all Hoosiers regardless of where they live, play, and work.”

For this latest round of funding, the Indiana DOT said rural communities will design, develop and purchase land for projects that would be bid during the fiscal year beginning July 2025. While the funds awarded now are dedicated to construction, the agency added that it will also be financially participating in design, engineering, and right of way acquisition components of these projects.

The Indiana DOT noted that it earmarks approximately 25 percent of its federal highway funds every year to support local transportation projects – noting that metropolitan planning organizations (MPOs) distribute those funds to cities, towns, and counties within the state’s larger urbanized areas, while it distributes funds outside MPO areas.

Communities must contribute at least 20 percent in local matching funds and meet other federal requirements to receive federal funding, the agency added.

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