city lag in road funding? nifty tip in Indiana

Is your city lagging in road funding? Take a peak at the Indiana Legislature. A bill is granting Indianapolis the authority to declare itself a distressed asset. This allows the state to appoint an emergency manager. This legislation would allow “any municipality that is at least $1 billion behind in funding its critical infrastructure needs can declare such status.” The brainchild, an Indianapolis legislator, says the legislation will ““allow the city to leverage more resources.”

Daily Journal | Amendment to road funding bill would allow state takeover of Indianapolis