INDIANAPOLIS (AP) — State officials say local governments across Indiana will receive $435 million for transportation infrastructure maintenance funds.
Gov. Mike Pence’s office says the money will be distributed on Friday. The money comes from local option income tax distributions that counties, cities and towns can use under a plan signed into law last month.
It’s a one-time infusion. County auditors have to distribute the funds before June 1.
State officials also say other local government units will get $70 million for rainy day funds.