Major Moves money, generated from the lease of the Indiana Toll Road, helped build the Fort to Port project, still under construction at Interstate 469 and U.S. 24 in east Allen County. Staff photo by Cathie Rowand
By the numbers
At the end of 2011, INDOT had accomplished the following:
•50 road projects complete and open to traffic
•160 new centerline miles complete
•4,450 preservation centerline miles complete
•615 bridges rehabbed or replaced
•$6.5 billion invested in construction through fiscal year 2011, which ended in June 2011
Major Moves going forward
By the end of calendar year 2012, the following will be accomplished:
•65 road projects will be complete or substantially under construction
•19 road projects will be accelerated – when compared with the original 2006 plan
•375 centerline miles of new roads will be constructed
•48 new or reconstructed interchanges
•5,030 centerline miles of pavement preservation projects will be completed – 40 percent of the state's inventory
•720 bridges will be rehabilitated or replaced – 13 percent of the state's inventory
Source: Indiana Department of Transportation
INDIANAPOLIS – When the next governor takes office in January, he will have just a few months before the money from the Indiana Toll Road lease is effectively gone.
Some of the $3.8 billion will still be in the bank earning interest, but it all will be virtually awarded, via contract, for major ongoing highway projects finishing up in the next two years.
That leaves the new governor – likely either Republican Mike Pence or Democrat John Gregg – with a cliff in highway funding to deal with, and few options on the table.
"I'm concerned with that kind of drop and figuring out what's next," said Dennis Faulkenberg, president of APPIAN – a respected transportation consulting firm based in Indianapolis. "We don't have any other toll roads to lease so there are only certain things we can do.
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