Niki Kelly, writing for the Fort Wayne Journal Gazette, has a story reporting that key House and Senate Republicans have crafted a compromise on the Indiana Toll Road privatization bill they believe can win final approval in both chambers. The key seems to be giving everybody what they want and pork, lots of it.
The reported compromise commits $4.23 billion of the $3.85 billion payout. State budget director Chuck Schalliol says we’ll make up the difference through interest. He figures we can still cover the first 8 or 9 years of the state’s 10 year road plan, maybe all ten if we stretch.
Northern Indiana counties get a pile of money. The state picks up the tab on a toll freeze until the electronic tolling is enabled. After that motorists can get an electronic toll road pass that provides a 40% discount on tolls. On I-69, the Governor would have to get legislative approval only if he wanted to route I-69 through Perry Township in Marion County and if he wanted to impose tolls north of Martinsville. If the interstate routes around Perry Township and imposes tolls only between Evansville and Martinsville, he can sell a toll road concession without further approval.
So everybody wins. Except, of course, for the motorists of northern Indiana. And their Senators and Representatives in northern Indiana if they defy the will of their constituents and pass this unpopular bill at the insistence of the Governor who is basically radioactive in northern Indiana. And, pretty much all Hoosiers who live here for the last 65 years of the 75 year lease. So, almost everybody.