(Statewide) – Indiana cities, counties, and towns will receive more gas tax reimbursements after the State Board of Finance on Tuesday unanimously approved the reimbursements.
“Indiana has enjoyed the lowest gas prices in the country all summer while continuing to make local communities whole, protecting local roads and infrastructure,” said Gov. Mike Braun. “I want to thank the Board of Finance for their partnership in once again helping us keep that promise.”
The State Board of Finance unanimously approved $138,903,493.28 in reimbursements for the period of July 1 through July 31, following its unanimous approval last month of reimbursements for April and May.
The Indiana State Comptroller’s Office will distribute $46,192,429.96 to counties, cities and towns over the next week.
“The Comptroller’s Office is committed to restoring funds to our local government partners and is prioritizing this distribution so critical operations can continue at the local level,” said Comptroller Elise Nieshalla.
“Indiana’s continued extension of the Gas Tax holiday is a reminder of what good fiscal stewardship and sound economic policies can allow us to do,” said Daniel Elliott, Indiana State Treasurer. “I commend Governor Braun for continuing his leadership on this issue and ensuring that Hoosiers have affordable fuel prices.”
“The Board takes seriously its role in supervising the fiscal affairs of the state and remains steadfast in its commitment to responsible fiscal stewardship,” said State Budget Director Chad Ranney. “Continuing the exercise of transferring funds to make the locals whole during the gas tax holiday is a top priority for the State Board of Finance.”
It was earlier this month when Gov. Braun extended the suspension of the the state’s Gasoline Usage Tax and Gasoline Excise Tax through October 6.
