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.
The Indiana Tax Court is taking its oral arguments on the road and heading to Bloomington this week.
The past week in the Indiana House of Representatives it was all quiet on the road funding front. But work continues behind the scenes with ongoing talks by Senate and House members and constituents about possible amendments to bills put forth. Justin Schneider at Indiana Farm Bureau was happy to tell a Friday conference call that one possible funding mechanism for roads appears to be going away.
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.
The Indiana Tax Court has reversed an educational property tax exemption for a Carmel daycare after finding that the land’s owner failed to properly compare the total time the property was used for educational purposes against the total time the daycare utilized the land.
A Bexar County arbitration panel rejected arguments by Lowe’s Home Centers to value some of its San Antonio area stores as if they were empty instead of functioning businesses, according to a seven-page decision issued Wednesday.
It’s an argument the North Carolina-based company has successfully used in Michigan and Indiana where major retailers have driven down property values and tax revenue. City officials say a victory for Lowe’s could cost area taxpayers more than $272 million over five years if the home improvement retailer wins.
Rehabilitation and stabilization of a historic building in the heart of Crothersville are completed.
Now, the two-story brick structure at the corner of Howard and Armstrong streets is on the market.
The School City of East Chicago will join the School Town of Munster this May in asking voters to pay higher taxes to fund those respective school districts.
East Chicago is asking voters for additional money to boost its operating fund. Munster is asking for two referendums — a general fund referendum to assist the operating budget and a construction referendum to renovate school buildings.
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.