Last week, the Indy Star reported that a proposed 0.25% local income tax in Marion County to support public transit expansion advanced (the article and my comments are here: Public Transit Income Tax Advances in Indy).
The tax passed the City-County Council last night. This 0.25% income tax will inject an estimated $54M per year into the public transit system, often thought of as one of the nation’s worst for a major city. 6 counties (Marion, Hamilton, Hancock, Johnson, Delaware and Madison) currently have the option of holding a referendum on a local income tax for transit expansion. This tax will bring the total local income tax rate for Marion County from 1.77% to 2.02%.