Originally posted to wishtv.com on January 26, 2017 by Howard Monroe.
INDIANAPOLIS (WISH) – The city council is preparing to vote on a plan to increase your income taxes. This comes after voters approved a referendum to expand bus service throughout the city. The process will begin on Monday with the council’s first meeting on the issue.
In November, voters approved a plan to raise their income taxes by 0.25 percent. That amounts to about $125 a year for someone making a $50,000 salary. But it adds up to an extra $56 million in dedicated funding for IndyGo.
Voters approved the funding with over 59 percent of the vote.
If the full tax is approved IndyGo wants to expand service by 70 percent. They say it will mean more buses coming more frequently, service seven days a week, and three rapid transit lines including the often criticized Red Line. But they also say the payoff could be huge for the now under-served.
For the full article, visit http://wishtv.com/2017/01/26/transit-tax-talks-to-begin-after-referendum.