infrastructure investment

CSG Midwest

Indiana’s highways, largest airport, commuter rail lines, recreational trails and broadband infrastructure are set to get a $1 billion funding boost. According to the governor’s office, an amended agreement between the state and the private company that runs the Indiana Toll Road will generate the money needed for this new infrastructure investment. (In 2006, Indiana entered into a 75-year agreement to lease the toll road to private investors.) In exchange for the $1 billion, the state is allowing the Indiana Toll Road Concession Company, LLC, to increase toll rates on heavy vehicles by 35 percent.