No kidding! Could nick the taxpayer? Bwaaahahahaha! That's about the only thing IndyGo does with any consistency!
As pointed out many, many times on this blog, IndyGo is heavily subsidized, with taxpayers making up a minimum of 80% of the bus service's funding. Fares, on the other hand, make up less than 20%.
As pointed out many times before, this represents a transfer of wealth from those who don't ride to those who do. What's that old saw about the sum of good government being not picking my pocket or breaking my leg? How's that go? Not IndyGo, that's for sure.
So here's the trick, per the Indy Star:
Municipal corporations that receive less tax money than expected can file what's called a shortfall appeal with the Department of Local Government Finance. If approved, that will raise how much the corporations receive the next year, but it also will raise property taxes for those who are not paying the maximum under the tax cap.It's time to scale back our empire building. No, I'm not talking foreign policy in this case. I'm talking the empire of government. The money is not there. When the property tax reassessments happened a few years back, we were not in the midst of a down economy. Hit people now, with a 10% unemployment rate? For buses people don't ride?
Here's an idea: Raise the fares. Let the people who use the services pay for the services. Either that, or scale them back just as surely as families have scaled back on eating out or grilling t-bone steaks.