FORT WAYNE, Ind. (WOWO): A proposal to eliminate personal property taxes on new business equipment in Fort Wayne has already drawn criticism from one of the city’s biggest taxing bodies.
Fort Wayne Community Schools (FWCS) Board President Mark GiaQuinta tells WOWO news the proposal by Councilman Jason Arp, supported at last night’s City Council meeting by Councilman Paul Ensley, could cost the district $10-million.
“What I find to be particularly appalling is the lack of preparation, the lack of communication, the just not doing your homework part of legislation that I always thought was critical,” GiaQuinta says. “Other people make these decisions, and we’re the ones who are going to have to face the parents. I want Councilman Ensley and Councilman Arp to face them and explain how this is going to affect their families.”
Arp says the legislation takes away targeted incentives and levels the playing field for businesses.