§ 8-14-2-4 — Local road and street account; allocation of funds

Indiana § 8-14-2-4

• Jurisdiction: Indiana
• Art. 14: HIGHWAY FINANCES
• Ch. 2: Special Highway User Tax Accounts

Text

(a) The state comptroller shall establish a special
account to be called the "local road and street account" and credit this
account monthly with thirty-seven percent (37%) of the money
deposited in the highway, road and street fund.
(b) The state comptroller shall distribute to units of local
government money from this account each month. Before making any
other distributions under this chapter, the state comptroller shall
distribute E85 incentive payments to all political subdivisions entitled
to a payment under section 8 of this chapter.
(c) After distributing E85 incentive payments required under section
8 of this chapter, the state comptroller shall allocate to each county the
remaining money in this account on the basis of the ratio of each
county's passenger car registrations to the total passenger car
registrations of the state. The state comptroller shall further determine
the suballocation between the county and the cities within the county
as follows:
(1) In counties having a population of more than fifty thousand
(50,000), sixty percent (60%) of the money shall be distributed on
the basis of the population of the city or town as a percentage of
the total population of the county and forty percent (40%)
distributed on the basis of the ratio of city and town street mileage
to county road mileage.
(2) In counties having a population of fifty thousand (50,000) or
less, twenty percent (20%) of the money shall be distributed on
the basis of the population of the city or town as a percentage of
the total population of the county and eighty percent (80%)
distributed on the basis of the ratio of city and town street mileage
to county road mileage.
(3) For the purposes of allocating funds as provided in this
section, towns which become incorporated as a town between the
effective dates of decennial censuses shall be eligible for
allocations upon the effectiveness of a corrected population count
for the town under IC 1-1-3.5.
(4) Money allocated under the provisions of this section to
counties containing a consolidated city shall be credited or
allocated to the department of transportation of the consolidated
city.
(d) Each month the state comptroller shall inform the department of
the amounts allocated to each unit of local government from the local
road and street account.
Formerly: Acts 1969, c.392, s.4; Acts 1971, P.L.98, SEC.5; Acts
1973, P.L.71, SEC.3; Acts 1974, P.L.33, SEC.1. As amended by Acts
1978, P.L.58, SEC.5; Acts 1980, P.L.74, SEC.219; Acts 1981, P.L.11,
SEC.54; Acts 1981, P.L.88, SEC.11; P.L.2-1990, SEC.11;
P.L.182-2007, SEC.2; P.L.185-2018, SEC.26; P.L.9-2024,
SEC.292.