IndyGo Overview:

Click here for Overview - presented at Municipal Corporations Committee on March 21, 2012

Revenue Sources:

IndyGo is a Municipal Corporation and receives funding from the following sources:

  • Federal Assistance (Federal Transit Administration) 26%
  • State Funds (Public Mass Transit Funds/State Sales Tax) 21%
  • Local Funds (Marion County Property Tax) 29%
  • Passenger Farebox Revenue 19%
  • Other 5%

IndyGo is very methodical in how it prioritizes needs and spends money. In fact, the company is dedicated to being good stewards of taxpayer dollars, using funds to pay for things that offer a return on investment, maximize the stimulus of the economy, increase efficiency and reduce environmental impact. Depending on the funding source, allocations may be used toward capital or operational expenditures.

Capital Purchases:

IndyGo must apply federal assistance to capital projects such as facility maintenance, fleet procurement and transit amenities. With Federal Transit Administration (FTA) permission, IndyGo can convert some if its federal dollars into operating dollars for use to maintain capital assets. Federal funding cannot be put toward service expansion.

Operating Costs:

IndyGo uses its state, local and passenger revenue to pay for operating costs such as employee wages/benefits, materials and supplies. We must also rely on state and local funding to expand our operations. Unfortunately, IndyGo lags far behind in local funding when compared to similar cities, so service expansion is currently not an option for us. For example, Columbus, Ohio and Charlotte, North Carolina receive about 75% in local funding, whereas Indianapolis only receives 29%.    

2012 Budget Process

• August 4, 2011 – Proposed budget introduced to IPTC Board of Directors.
Download 2012 proposed budget.

• August 18, 2011 – Public Hearing – specifically for 2012 budget input.
Download presentation of 2012 budget

• August 29, 2011 – Final IPTC Board of Directors adoption of budget.
Download adopted 2012 budget.

• August 31, 2011 – IPTC files adopted budget with City County Council
• September 19, 2011 – IPTC budget introduced at City County Council, Public Hearing, 7pm, CCB Public Assembly Room
• October 10, 2011 – Municipal Corporation Committee final budget review & recommendation, 5:30 pm, CCB Public Assembly Room
• October 17, 2011 – City County Council approval of IPTC budget, 7 pm, CCB Public Assembly Room

2011 Adopted Budget:

Download 2011 adopted budget.

Download 2011 budget overview to City-County Council.

Annual Reports:

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