State approves $19.1 million for local roads in gas tax reimbursement
INDIANAPOLIS — Indiana counties, cities and towns will receive $19.1 million in road funding under the latest reimbursement approved Tuesday, Oct. 20, to replace revenue affected by the state’s gas Indiana's State Board of Finance has approved $19.1 million in road funding for counties, cities and towns under a new reimbursement approved for the state's gas tax holiday. The money will replace revenue affected by the temporary tax suspension and replenish the Motor Vehicle Highway Fund, Local Road and Street Fund, and Local Road & Bridge Matching Fund. Of the total, $19,129,920.09 will go to local governments. The State Comptroller’s Office has begun processing payments, which are expected to be received within two to three business days. The board also approved a required annual transfer of the first $70 million in gasoline excise tax collections to the State Highway Road Construction and Improvement Fund.
Được phát hành : 4 giờ trước qua Herald Staff trong Politics Finance
INDIANAPOLIS — Indiana counties, cities and towns will receive $19.1 million in road funding under the latest reimbursement approved Tuesday, Oct. 20, to replace revenue affected by the state’s gas ta... [1945 symbols]
Chủ đề: Energy Sector
