(Statewide) – Indiana counties, cities and towns will continue to receive roadway funding after the State Board of Finance approved the next round of gas tax holiday reimbursements on Tuesday.
This is the fourth reimbursement since the holiday began.
The approval covers August 1-31.
A total of $102,990,085.62 will be reimbursed to the Motor Vehicle Highway Fund (MVH), the Local Road and Street Fund (LRS), and the Local Road and Bridge Matching Fund.
Of this amount, local units of government will receive $19,129,920.09.
“Hoosiers deserve relief at the pump without sacrificing the roads and bridges our communities depend on,” said Governor Mike Braun. “My gas tax holiday has kept Indiana gas prices the lowest in the nation while ensuring counties, cities and towns receive the funding they need to maintain and improve local infrastructure. We’re putting money back in Hoosiers’ pockets while making sure our communities have the resources to keep Indiana moving.”
The board also approved the annual transfer of the first $70 million in Gasoline Excise Tax collections to the State Highway Road Construction and Improvement Fund (SHRCIF).
This statutory transfer is based on fuel‑tax revenue collected by the State in July and normally shows up as an adjustment in August local distributions.
Because the Gas Tax Holiday delayed the July revenue, this year’s adjustment is appearing later than usual.
The transfer does not reduce the amount owed to local units for the suspension.
However, it will appear in this month’s distribution, and local units will see a one-time dip in their MVH and LRS amounts. It is the same adjustment that occurs every August, shifted by the holiday.
The State Comptroller’s Office has begun processing payments.
Officials say counties, cities and towns should receive reimbursements within two to three business days.
