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.
In May 2014, Interactive Intelligence Group CEO Don Brown held a press conference at the firm’s northwest Indianapolis headquarters, announcing plans to construct a new building and hire 430 workers by the end of 2016.
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.
ST. JOHN — The St. John Township assessor has quit after six years in office.
Lake County Assessor Jerome Prince and Patrick Gabrione, the ranking Republican on the county elections board, announced Tuesday that Melody K. “Mel” Kikkert, a Republican, had written a letter stating her resignation was effective Monday.
Read More… Source: St. John Twp. assessor resigns
INDIANAPOLIS (WISH) — Attorneys for out-of-state real estate companies accused of swindling Hoosiers out of thousands of dollars in tax proceeds want a judge to dismiss a lawsuit filed by the Indiana Attorney General’s Office.
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