Indiana board approves roughly $139M to reimburse local road funds; $46M distribution to counties, cities and towns set this week

On Sept. 15, 2026 the three-member Indiana State Board of Finance unanimously approved roughly $139 million in reimbursements from the State Highway Fund to replace July revenue lost because of the state’s suspension of gasoline excise and use taxes. According to a news release from Gov. Mike Braun’s office, the State Comptroller’s Office will begin distributing $46 million to counties, cities and towns this week.

The board previously approved reimbursements for April through June at its July and August meetings. Gov. Braun suspended the gasoline use tax in April and lifted the excise tax in May; both suspensions remain in effect through at least Oct. 6, 2026. The article reports projected losses could reach $1.1 billion if the suspension continues through Dec. 4, 2026, and Braun said he intends to ask lawmakers in January 2027 to consider tapping the state’s $4 billion reserves to cover state losses.

BusinessIndy examines this development and its implications for Indiana businesses and communities using the linked sources.