Mayor Fadness talks to the IndyStar about Carmel court decision on local income tax

When word came down on an unfavorable Marion County Court decision about how Carmel and Fishers divide local tax money collected, the city said it would have no comment at that time.  Mayor Scott Fadness has apparently had a change of heart on that subject and provided plenty of comments to the Indianapolis Star in a story posted Thursday morning, written by Star Editor Kaitlin Lange.

Fadness tells the Star this court decision will cost the City of Fishers $10 million a year.  This is a long-running dispute with Carmel saying this is their money and Fishers making the case Fishers is short-changed by the current formula.

Marion County Judge John MT Chavis II ruled the formula from the state legislature, passed at the insistence of Fishers, is not consistent with the Indiana State Constitution.  Fadness tells the Star the tax distribution imbalance, per Fishers, is “going from bad to worse” and “almost becoming impossible to overcome.”

You can read the IndyStar story at this link. (Subscription my be required)

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