What are the estimated impacts to property tax revenue if a bypass is built?
While it is true that a bypass facility would require some land to be acquired by the State, thus removing it from the tax roles, the overall impact to tax revenue is expected to be minimal. Historically, new road projects through rural areas utilize relatively narrow corridors, thus impacting relatively few total acres and resulting in only a fraction of tax revenue being lost. The DEIS alternative alignments for the Kokomo bypass (Alternative E, F, G, I, and J) were arrived at through a process of impact analysis. Therefore, the alignments intentionally avoided as many impacts to the tax base (homes, businesses, and farmland) as was possible while maintaining feasible engineering solutions. The potential loss of tax base for each alternative will be presented in the DEIS.
