Some Carmel homeowners see property taxes increase – Adam Aasen – Current In Carmel

When the Carmel City Council passed its 2016 budget in October, it included a tax rate of 71.43 cents per $100 of assessed property value for homeowners, only about a penny increase from the 2015 rate of 70.07 cents.

But now that the property tax bills have reached Carmel mailboxes, residents are finding out that the actual rate for 2016 is 83.56 cents per $100, or 19 percent greater than the rate attached to the budget. For a home valued at $300,000, that’s about $400 more a year in city property taxes.

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Larry DeBoer: Circuit breakers, growth quotients and property taxes – Kokomo Tribune

I had the opportunity to speak to a meeting of the International Association of Assessing Officers in Indianapolis last fall. That’s a group that does education and research about property tax assessment, and they’re a big help to assessing officials around the world. Mostly, I talked about farmland assessment in Indiana, but I mentioned some of our other property tax policies, too.

Source: Larry DeBoer: Circuit breakers, growth quotients and property taxes

City Council OK’s new hotel tax break – Tribune Star – Sue Loughlin

After nearly an hour of public comment and discussion, the Terre Haute City Council on Thursday voted 5 to 3 in support of a 10-year property tax abatement for a proposed new hotel on Terre Haute’s east side.

The tax abatement is for a new, $9.66 million Home2 Suites by Hilton being developed by Sycamore Hotel Partners near the intersection of Indiana 46 and Margaret Drive.

 

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‘Cutting edge’ deal gives $1.2M to Ind. schools – The Courier Journal_Kristen Clark

A Clarksville Redevelopment Commission decision to share $1.2 million with local schools over the next three years, to fund things such as laptops for students and digital whiteboard replacement, seemed “progressive” and “cutting edge” to Clarksville School Board President Bill Wilson — not because of the dollar amount or what it will pay for, but because of where the money is coming from.

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Property taxes, annexation top concerns – Erica Quinlan – AgriNews

INDIANAPOLIS — Indiana Farm Bureau delegates called for property tax relief and higher gas taxes during an annual delegate session Aug. 29.

More than 260 people from across the state met to discuss policies that will guide the organization through 2016. It’s the most important meeting of the year, said Don Villwock, president of Indiana Farm Bureau.

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