EVANSVILLE, Ind. — A new statewide township reform proposal contains a provision that could — but likely won’t — help reduce a huge disparity in poor relief funding in Vanderburgh County.
As part of the bill that will be heard in the Indiana House Ways and Means Committee next week, townships could appeal to the state for a two-cent increase in their property tax rate funding “township assistance.”
Northwest Allen County Schools continues to check off boxes as it works to place a $34 million referendum for a new elementary school and other improvements on the May ballot.
Community members are also stepping up to help with the referendum efforts.
The 7,500-student district wants to build an elementary school to accommodate growth. It has gained about 500 elementary students since 2009-10 and expects to add nearly 350 more by 2022-23, a recent demographic study found.
An outside review of commercial property assessments is the first recommendation from a group working for more efficiency in Terre Haute and Vigo County government.
A 10-member team study team chaired by restaurant owner Scott Womack released a report Wednesday charging that under-assessment is costing the city and county millions of dollars in property tax revenues.
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.
A new study from Purdue University on the effects of the state’s new method for taxing farmland shows what rural areas will take the biggest hit from the change.
Indiana taxes farmland mainly on the value of crops the soil can produce. But that calculation has lagged behind the current crop market.
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.
BLOOMINGTON, Ind. — Charities usually do not pay local property taxes, but a new Indiana University report finds that many Indiana local government officials would consider collecting payments in lieu of taxes from churches, private schools, hospitals and other local charities. The support varies by the type of charity involved.
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
Two new reports have found property tax caps have kept more money in taxpayers’ pockets, but they’ve also forced local governments to generate revenue through new fees.
According to the Indiana Fiscal Policy Institute, property tax caps have cost local governments more than $760 million in potential revenue since they were implemented in 2009.