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An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.
Property tax rates in Indiana are capped a maximum of 1% of value for residential, 2% of value for rental and farmland, and 3% of value for all other types (the actual rates may be higher, but the maximum paid after deductions is capped through a "circuit breaker" tax credit). [8] The property taxes are assessed ad valorem.
Access Johnson County is the primary provider of mass transportation in Johnson County, Indiana, with six routes serving Franklin and Greenwood. As of 2019, the system provided 111,612 rides over 58,861 annual vehicle revenue hours with 8 buses and 18 paratransit vehicles.
Of the additional 2.75% sales tax available for transit, the 2018 referendum proposed to use 0.5% and increase to 1.0% later, leaving 1.75% available. That referendum failed.
The system's secondary transfer center is the Mishawaka Transfer Center, located in Downtown Mishawaka. [23] The station is also served by the Interurban Trolley. [28] In the early 2000s, there had been consideration given to moving the transfer center from its location at Fourth Street and Church Street to a location closer to the St. Joseph ...
Ben Franklin Transit’s board is reviving a push to reduce its local sales tax, at a time when the transit system could already be set to lose roughly 10% of its funding due to a statewide ballot ...
As with most transit agencies, CityBus saw a decrease in ridership in 2020 due to the COVID-19 pandemic, a small increase was observed in 2021 and again in 2022. The corporation's revenue for 2022 was $15.09 million, with approximately $3.3 million coming from farebox collections, pass sales, charters and other services. [ 3 ]
The Julia M. Carson Transit Center opened in 2016 as the downtown transfer hub for 27 of its 31 bus routes. [58] [1] In 2017, City-County Council approved a voter referendum increasing Marion County's income tax to help fund IndyGo's first major system expansion since its founding. [59]