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Holcomb Announces 5-Year, $4.7 Billion Road Funding Plans

Gov. Eric Holcomb announces the priorities for the next five years of road and bridge repairs.

Photo: Drew Daudelin

Gov. Eric Holcomb announces the priorities for the next five years of road and bridge repairs.

Gov. Eric Holcomb unveiled the state’s priorities for road and bridge construction and repair projects at a kickoff event Thursday.

Over the next five years, the state will spend about $4.7 billion to resurface nearly 10,000 lane miles of pavement and repair or replace approximately 1,300 bridges.

5-Year Road Funding Priorities by Indiana Public Media News on Scribd

The money comes from the road funding plan lawmakers passed last session after contentious debate. That plan includes a 10 cent per-gallon gas tax increase, which went into effect on July 1.

The plan also commits an additional $342 million each year for local road projects by 2024.

The state plans to spend close to $10.5 million in Monroe County over the next five years.

Photo: Next Level Indiana

The state plans to spend close to $10.5 million in Monroe County over the next five years.

The state plans to spend about $4.3 million in Brown County over the next five years.

Photo: Next Level Indiana

The state plans to spend about $4.3 million in Brown County over the next five years.

In Monroe County, projects include a bridge repair at Cascade Rd. in 2018 and maintenance to several roads. In Brown County, only bridges are slated for repair or replacement.

Local officials can also apply for additional infrastructure funding through the Community Crossings matching grant program.

Holcomb says the funding model is sustainable, and makes the ambitious initiative possible. And he talked about what he thinks is the most important aspect of the plan.

“We’re also giving more resources to the locals, so that they too can determine what their destiny of their neighborhood, their community, their county will be,” Holcomb says.

Holcomb is touring the state to tout his five-year strategy and highlight the plan’s impact on each part of Indiana.

Replacing bridges on Interstate 465, resurfacing areas on Interstate 65, and replacing a bridge on Keystone Avenue are some of the major projects planned around Indianapolis.

Click here to see an interactive map with information about local road and bridge projects for all 92 counties.

This post has been updated.

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