FORT WAYNE, Ind. (WOWO): An increase to the local income tax to pay for Riverfront Development is one thing, but a plan to use food and beverage taxes on the project is apparently too far.
Mayor Tom Henry and Allen County Commissioner Nelson Peters are opposed to a “plan B” proposal by Republican City Councilman Russ Jehl to divert $3-million per year from those revenues to riverfront purposes, instead of hiking the local income tax by 0.15%.
Henry’s spokesman, Jon Perlich, tells our Partners in News at ABC 21 Henry doesn’t see Jehl’s plan as “viable,” saying it would handcuff the Capital Improvement Board’s ability to make investments in other projects.
A vote on the tax increase proposal is set for July 11th.