The Indiana Department of Transportation (INDOT) is giving a funding boost with more than $119 million to 229 cities, towns, and counties for transportation infrastructure projects around the state.
Funds are being granted on a matching basis through the Community Crossings Matching Grant program. the program acts as a partnership between INDOT and Indiana communities to generate economic development, create jobs, and strengthen local transportation networks. The grants, which ranged from $16,500 to $1 million, were distributed earlier this month.
All funding for the program comes from the state. Grants are available to any local governmental in the state and must be used for construction only, which includes maintenance.
The percentage of matching funds required from local governments is based on the population served. Cities and towns of under 10,000 inhabitants must contribute 25% of the project total. Cities and towns of more than 10,000 residents must contribute 50% toward the total project cost. Counties with fewer than 50,000 residents must contribute 25% toward the total cost; counties of more than 50,000 residents must contribute 50%.
INDOT builds and maintains interstate highways, U.S. routes and state roads in the state, including adjacent overpasses, ramps and traffic control devices. That amounts to 11,200 miles of roadways, according to INDOT data.
The INDOT capital improvement budget for fiscal year 2022 was $2.55 billion. The operating budget was about $571 million. The department is funded primarily by federal and state fuel taxes, INDOT states.
The next opportunity to apply for the program will be in January.
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Source: TheCenterSquare.com
