Compiled by James Feichtner
The Zionsville Town Council met Aug. 2 to hear a presentation from the Boone County Sheriff’s Office and discuss incentives for MOBI Wireless Management.
What happened: Boone County Sherriff Mike Nielsen gave a presentation about a proposed public safety local income tax.
What it means: The new tax would be based on resident state taxable income. No official numbers were proposed at the meeting but Nielsen said, “I would love to see in that range between .50 percent and 1.0 percent.” The tax proposal comes in response to BCSO attempts to find additional funding for its agency to hire additional staff.
What’s next: If Boone County governing bodies representing more than half of the county’s population approve the tax by Oct. 31, it will go into effect Jan. 1.
What happened: Zionsville Town Councilors approved an incentive recommendation from the Boone County Economic Development Commission regarding MOBI Wireless Management. Town councilor Josh Garrett stepped down from voting on this subject because he is a founder of MOBI.
What it means: The town would pledge a grant totaling $30,000 over three years at $10,000 annually. The anticipated value for the town would be an approximate $380,000 estimated personal property tax levy over a 10-year period. In return, MOBI would invest approximately $11 million in capital investments in Zionsville and bring 521 new jobs by 2020.
What’s next: MOBI Wireless Management will make its decision as to whether it will agree to the incentive presented by Zionsville and Boone County.