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$26 million will be issued in 2018 with the proceeds used to fund design work on both the Purple Line Rapid Transit and the Blue Line Rapid Transit projects, as well as local bus and paratransit infrastructure improvements and bus fleet replacement. IndyGo (Indianapolis Public Transportation Corporation) received approval from Marion County voters and the City-County Council for a 0.25% Transit Local Income Tax (LIT) to help fund the Marion County Transit Plan which includes rapid bus transit, increased route frequency, and transitioning to electric buses. These bonds are secured by Transit LIT revenues. The projects included in this issuance are a part of the larger Marion County Transit Plan which will commit $522 million over the next five years to improving and expanding public transportation in Marion County.
2018 Transit LIT Bond Project List: