The Wheel Tax proposed by Mayor Scott Fadness is $25 per vehicle, not per wheel. The mayor told the Fishers City Council Finance Committee Wednesday night that he has been asked time and time again since he made the proposal whether the $25 levy would apply to each wheel of the vehicle, and Fadness says no, the $25 tax would apply to all vehicles registered to Fishers residents when you buy or renew license plates.
Fadness is proposing the new tax to finance road maintenance work in Fishers. The tax is projected to bring-in $2.5 million per year for city road maintenance.
The mayor will make the proposal as part of his budget presentation to the council on September 19th at the regular council session. There will be a public hearing at that meeting.
Even if the City Council OKs the Wheel Tax this year, it would not take affect until 2018, due to state law.