The Capital Area Transit System’s proposed 10.6-mill property tax is expected to take the next step toward an April election with Thursday’s meeting of the state Bond Commission.

The tax would generate around $18.4 million from property owners inside Baton Rouge, Baker and Zachary.

Last year, CATS fell short of breaking even by $1.4 million but was bailed out by a private donation and federal grants. This year, the transit system is $2.1 million short, a deficit that threatens to shutter the agency in July.

In October 2010, voters rejected a 3.5-mill property tax for CATS, 53 percent to 47 percent.