Utilizing a supplemental distribution of County Option Income Tax (COIT), $10 million will be designated to streets that have significant pavement deterioration and are areas of most concern for neighborhoods.
“For decades, Indianapolis roads have suffered from underinvestment and deferred maintenance,” Hogsett said. “That’s why, since 2016, we have invested hundreds of millions of dollars in Indianapolis infrastructure projects — an unprecedented level of funding, all without a tax increase or the selling of municipal assets. But some seasons the planned construction budget is simply not enough. That’s why this $10-million allocation is so important to addressing even more areas of our city — not with temporary pothole filling but with resurfacing efforts that provide the type of longer-term fixes our community needs.”
Once approved by the City-County Council, the $10 million in street construction contracts will be in the hands of vendors to begin street repair work and complete their projects this summer. In making selections as to which streets to target, Indy DPW provided councilors with an understanding of the most deteriorated residential streets in their districts based on vendor data and evaluations. Councilors now having reviewed this list to add their localized insights, Indy DPW will select segments in every council district to address with immediate street repair efforts.
In addition to the $10 million for immediate construction contracts, an additional $3 million is proposed as a part the fiscal ordinance for the design of future residential roadway projects. These funds will kick-start future improvements along residential streets, preparing designs for full street reconstruction. With this targeted appropriation, the City of Indianapolis continues to be efficient with funds received via the state and responsive to the needs of Indy residents.