
For years, the only two government entities eligible to enact a food & beverage tax through state law, without the tax, totaled 2 – Fishers and Anderson. As of December 1, Anderson will stand alone, as the Fishers City Council voted 8-1 in favor of enacting the levy at Monday night’s council session.
Councilor Jocelyn Vare was the lone “no” vote. She offered two amendments to the action, to sunset the tax after 40 years once the bonds are paid, and to place in the ordinance a provision requiring the tax proceeds to be used only for an events center planned for an expanded Fishers District, near I-169 between 106th and 116th Streets.
Both amendments failed when no one seconded the motions.
The 1% tax on restaurant meals is projected to generate $3.2 million per year, with the money part of a package to pay-off the bonds for the events center, also described as an arena, that can seat 6,500 to 8,500, depending on the type of event.
City Attorney Chris Greisl, when asked about no language in the ordinance requiring the tax money to be used on the bonds, says the bond documents will contain that language.
Mayor Scott Fadness proposed this tax as part of the financing package used to construct the events center. Deputy Mayor Elliott Hultgren told council members that without this tax, there will be no arena without another funding source.
The Fishers Town Council had flirted with the idea of enacting the food and beverage tax in 2013, but the state statute limited the way the tax money could be spent, mostly on economic development projects. The state gave Fishers a 1-year window in 2013 to pass the tax, but the town council tabled the issue and never brought it back.
The state has provided another window for Fishers to pass the tax starting Jul 1 of this year and with a specific project dedicated to it, Fishers has now passed an ordinance allowing the food & beverage tax.



