How much did the State receive from the toll road lease? What will the money be used for?

Published 01/28/2008 10:41 AM   |    Updated 05/14/2009 12:13 PM

How much did the State receive from the toll road lease?  What will the money be used for?

The $3.8 billion generated by Major Moves will fund a 10-year highway plan.  Annual new construction will quadruple during the program from $213 million of fiscal year 2006 to $874 million in 2015.  In addition to state highway projects, the counties where the Indiana Toll Road is located have received one-time payments of between $40 million and $120 million for local transportation projects.  In 2006 and 2007, all 92 Indiana counties also received additional funds for their local transportation projects.  The amount varies by county and is based on the Motor Vehicle Highway formula.

To find out more about projects in your county, go to http://www.in.gov/indot/7039.htm.

 

http://www.in.gov/sba/

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