Indiana local governments will soon receive more than $37.8 million in reimbursements tied to the state’s Gas Tax Holiday, providing additional funding for road maintenance and transportation infrastructure.
The reimbursements were unanimously approved Tuesday by the State Board of Finance, with State Treasurer Daniel Elliott, State Comptroller Elise Nieshalla, and State Budget Director Chad Ranney voting in favor of the measure. The approved funding covers gas tax collections from April and May.
In total, $121,159,722 is being restored to the Motor Vehicle Highway (MVH) Fund, Local Road and Street (LRS) Fund, and Local Road and Bridge Matching Fund. Of that amount, $37,834,329.54 will go directly to Indiana’s counties, cities, and towns.
Treasurer Elliott said the funding is critical for local governments that rely on gas tax revenue to fill potholes, repair bridges, and maintain local roadways and transportation services for Hoosier communities.
Local officials can expect the reimbursements to be deposited into their accounts within two to three business days. Additional reimbursement requests covering the remaining months of the Gas Tax Holiday will be presented to the State Board of Finance at upcoming meetings, with all payments expected to be completed by Nov. 1.
Local governments and residents who want to see how much funding a specific county, city, or town will receive can view the Local Unit Reimbursement Amounts posted by the Indiana Comptroller’s Office.
View reimbursement amounts by county or local government:
Indiana Comptroller Gas Tax Holiday Local Unit Reimbursement Amounts
Additional information about the Gas Tax Holiday, including reimbursement details, funding formulas, statutory references, and frequently asked questions, is also available through the Comptroller’s Office.
Gas Tax Holiday resources and FAQs:
Indiana Comptroller Gas Tax Holiday Resources
Treasurer Elliott also highlighted two programs administered through the Treasurer’s Office that help local governments maximize taxpayer dollars. The Indiana Bond Bank assists communities in securing lower interest rates for public improvement projects, while TrustIndiana allows local governments to pool investments to earn higher returns without increasing taxes. He said the programs are designed to help local leaders make the most of available resources while continuing to invest in infrastructure and community projects.
