CLARK COUNTY, IN (WAVE) – A School District in Indiana is in the middle of a battle for signature against community members throughout Clark County.
Greater Clark County Schools wants $22 million for school improvements, but some oppose the property tax rate increase that would result from allowing Greater Clark to borrow the money.
Now, there is a new bill in the Indiana legislature that could completely change the way schools spend money – House Bill 1043.
Greenwood’s mayor unveiled plans Monday to invest $30 million into transforming the city’s sleepy downtown into an urban oasis.
New shops, restaurants, parks and apartments will bring a cool factor to the historic downtown corridor near Main Street and Madison Avenue, said Mayor Mark Myers, who released details during a 2 p.m. news conference at the Greenwood City Center.
If you aren’t saving money on your property taxes, you might want to take another look.
Indiana’s array of deductions, coupled with property tax caps, have trimmed tax bills and local governments’ revenues. Many communities need additional money to provide police, fire and ambulance services, county officials say.
INDIANAPOLIS — Representatives from every school corporation in Clark and Floyd counties testified Tuesday in favor of a state bill that would give them louder voices in economic development.
INDIANAPOLIS, Ind.– Even though he has said, “Everything is on the table,” when it comes to drawing up the city’s 2017 operating budget, Indianapolis Mayor Joe Hogsett indicated Wednesday that higher taxes and fees are not likely to be part of his proposed spending plan.
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.
After years of both parties agreeing to delay the case, the annexation battle between the city of Carmel and a small area in Clay Township known as Home Place is back in the courts.
Attorneys on both sides of the lengthy annexation battle that involves a 1,017-acre area of unincorporated Clay Township centered at 106th Street and College Avenue are now debating whether Home Place residents receive all the public services they need without assistance from Carmel.
Brown County Schools will be allowed to add 8 cents per $100 of assessed value to the property tax rate.
Voters approved the school district’s referendum by more than 1,000 votes May 3.
The new money to be raised will total about $1 million a year for seven years.
Since the property tax caps were enacted in 2008, Indiana has used what it calls “circuit breakers” to track the difference in what would’ve been
Read More…Tax caps contribute to county shortfall