Holcomb Proposes Almost 300 Million Dollars for Paying Down Debt and Major Project Investments
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
