Income Tax Increase to Set For Final Vote

Posted: Updated:
(Rendering of phase two of the Riverfront Fort Wayne project provided by the city of Fort Wayne.) (Rendering of phase two of the Riverfront Fort Wayne project provided by the city of Fort Wayne.)
FORT WAYNE -

Fort Wayne Mayor Tom Henry is continuing his push for City Council to approve a local income tax increase to pay for development along the riverfront and infrastructure improvements. A final vote is set for Tuesday night on what Henry calls a "vital next step" in continuing "positive momentum."

In a series of tweets, Henry added "a vote in favor of this plan would be a critical win for our entire community for generations to come." Other prominent members of the business community have also rallied behind the tax increase, including Greater Fort Wayne Inc. and the Northeast Indiana Regional Partnership's investor board, the Regional Opportunities Council.

The proposal calls for raising the local income tax by 0.15 percent. Officials say the adjustment would generate almost $10 million per year for 10 to 15 years and cover sidewalk improvements, stabilization efforts along the riverbank and the second and third phases the Riverfront Redevelopment project. The proposal was introduced to the council in June.

  • Perspectives

    • (photo courtesy of Conexus)

      Getting the Word Out About Manufacturing & Logistics

      As the epicenter of the nation’s advanced manufacturing and logistics industries, Indiana has a compelling story to tell about how Hoosier companies make and move the goods people depend on every day. Our goal is to ensure everyone hears these stories – many of which share a common theme focused on cutting-edge technologies that are transforming the way products are made and moved around the world and the people who use them. Conexus Indiana launched an...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • (photo courtesy of The Times of Northwest Indiana)

      Historic Hospital to be Torn Down in Gary

      A building that once represented the racial divide in the city of Gary, but long provided health care to the African American community, will soon fall to a wrecking ball. The city says it intends to raze the long-abandoned St. John’s Hospital. 

    • Photo courtesy of Indianapolis Motor Speedway

      Red Bull to Discontinue Air Race World Championship

      The Red Bull Air Race at the Indianapolis Motor Speedway, originally scheduled for October, has been canceled as a result of Red Bull's decision to discontinue the Air Race World Championship following the 2019 season. The company says the races scheduled between June and September in Russia, Hungary and Japan will run as planned. 

    • On-Air

      Find out when and where you can watch and listen to our reports.

    • The Honda Greensburg plant opened in 2008.

      Honda to Invest $4M, Add Jobs at Greensburg Plant

      The American Honda Motor Co. continues to invest in its Greensburg, Indiana plant as it has announced the factory will be producing the company’s first electrified sport utility vehicle in the U.S. The company says it will invest more than $4 million and add 34 new jobs in the plant to support production of the CR-V Hybrid.  

    • Eleven Fifty was previously headquartered at Launch Fishers.

      Eleven Fifty to Cut Ribbon on New Location

      Eleven Fifty Academy will cut the ribbon on its new downtown location September 23. The nonprofit coding academy says it will host a grand opening ceremony November 6.