Governor Holcomb recently proposed using nearly 300 million dollar to pay down debt and make major project investments according to a press release. Holcomb wants several one-time capital projects and to finish the free-flow of U.S. Hwy. 31 from South Bend to Indianapolis. According to the statement, the state would maintain fiscally responsible reserves of nearly $2 billion or 12.2 percent of expenditures after putting aside money for the following capital projects:

    $50 million for the swine barn at the Indiana State Fairgrounds
    $73 million for the Purdue College of Veterinary Medicine teaching hospital
    $60 million for the Ball State University STEM and Health Professions facilities
    $30 million for the Ivy Tech Columbus main building replacement