{"data":{"id":"us-in/ic-8-14-2-5","jurisdiction":"us-in","citation":"IC 8-14-2-5","heading":"Local road and street account; use of funds","body":"Sec. 5. Money from the local road and street account shall be used exclusively by the cities, towns, and counties for:\n(1) engineering, land acquisition, construction, resurfacing, maintenance, restoration, or rehabilitation of both local and arterial road and street systems;\n(2) the payment of principal and interest on bonds sold primarily to finance road, street, or thoroughfare projects;\n(3) any local costs required to undertake a recreational or reservoir road project under IC 8-23-5; or\n(4) the purchase, rental, or repair of highway equipment.","path":["TITLE 8. UTILITIES AND TRANSPORTATION","ARTICLE 14. HIGHWAY FINANCES","Chapter 2. Special Highway User Tax Accounts"],"source_url":"https://iga.in.gov/ic/2026/Title_8.html#8-14-2-5","current_through":"2026","vintage":"2026","retrieved_at":"2026-10-04T20:08:46Z","sha256":"e7275aaa0de851c9c3979b538966c4b0aec6a9a04e7aa1e8cce953c6fb0ceb0e","source_id":"us-in","stale":false,"prev":"us-in/ic-8-14-2-4","next":"us-in/ic-8-14-2-6"},"notice":"GroundRules: Original legal text. Not legal advice."}