Marion County residents approve new public transportation tax
INDIANAPOLIS, Ind. – Marion County residents have approved a tax increase that will fund more transportation.
The tax will pay for more frequent bus stops, seven-day service on all routes and longer hours. It will also pay for two rapid transit lines, as well as the second and third phases of the Red Line, which is already planned down College Avenue.
Below is how the question was shown on Marion County ballots:
“Shall Marion County have the ability to impose a county economic development income tax rate, not to exceed a rate of 0.25%, to pay for improving or establishing public transportation service in the county through a public transportation project that will create a connected network of buses and rapid transit lines; increase service frequency; extend operational hours; and implement three new rapid transit lines?”
The referendum will raise the county’s income tax by 25 cents per $100 of income. There’s an easy way to see what it will cost you. Take your paycheck and multiply it by .0025. For a $500 paycheck, for instance, the added cost will be $1.25.
Anyone who lives in Marion County, whether you work there or not, will pay the tax increase.
IndyGo says that the tax will dramatically increase Indianapolis’ public transportation system, bringing it up to par with other similarly sized cities.