Last week, I linked to an article about I-69 moving along with an award of a contract for a stretch around Bloomington. Today Ryan Sabalow has an article
"Major Moves," -- Governor Daniels' 75 year lease of the Toll Road is about 6 years old, but the money is all gone (or at least entirely committed). Gas tax revenues are falling. I-69 still needs $1.1 billion to get from Indy to Bloomington. Daniels is marking time until he's out of here. Pence wants to bring back that old time religion; not additional tax revenues. And John Gregg needs a miracle -- or at least an improbable number of sensible Hoosiers -- if he wants to win.
“There is no money to finish anything of consequence, much beyond routine maintenance and a few minor projects,” said Rep. Jeff Espich, chairman of the House’s tax-writing and finance committee.
So the choice for the next governor, although far from easy in practice, is fairly simple in principle: either come up with a new source of funds or stop the project — at least for the time being — in Bloomington.
They need $1.1 billion. Pence, Gregg (and Boneham) all support completing the project. None of them has any idea how to get the money. I predict even more dangerous and annoying stop-and-go traffic along SR 37. Ugh.