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I-69 spending increases as Hoosier infrastructure crumbles

Transportation dollars are dwindling, but infrastructure needs keep mounting. If used wisely, $3.2 billion could revitalize much of Indiana’s deteriorating transportation network.

That’s the current cost estimate of new-terrain I-69. It is also nearly twice as much as the 2003 estimate of $1.78 billion. Proceeds from the toll road lease will only cover about 1/4th of the total cost. INDOT plans to pay for the remaining $2.5 billion using a combination of state and federal gas tax revenues.

Unfortunately, those are the same funds Hoosiers rely on to fund road projects around the state. Critical projects like expanding roadways, local road and bridge projects, and repair and maintenance of all other state and interstate highways.

The 2009 Local Roads and Streets Needs Assessment identified a $5.4 billion backlog of local road, bridge, and safety improvement needs in Indiana. Annually, the funding shortfall for these projects is over $850 million.

The 2010 National Bridge Inventory, compiled by the Federal Highway Administration, found that 4,003 (or 21.6%) of Indiana’s18,548 bridges are either Structurally Deficient (1,975) or Functionally Obsolete (2,028).

Resources below. It’s not too late to change direction.

Read the Newest Report: The Alarming Rise Of Indiana Transportation Funding Dedicated to I-69

 

 

I-69 Opportunity Cost Brief September 2010

I-69 White Paper September 2010