ANDERSON – A sister company to NTN Driveshaft will make a $98 million investment in Anderson that will bring 198 jobs to the city.
Anderson city officials will announce this morning that NTK Precision Axel Corp. will build a 300,000 square foot facility to the west of the NTN Driveshaft building near 73rd Street and Layton Road.
NTK hopes to start production at the Anderson facility in October 2018. The last of the 198 jobs are expected to be created by 2021.
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.
Gary residents have the dubious distinction of living under the highest property tax rates in the state.
A Times survey of data released by the Indiana Department of Local Government Finance shows Gary’s property owners face a tax rate of more than $7.20 per $100 assessed valuation this year.
Tax rates are only one part of the equation. Call Innovative Property Tax Solutions today to see if you are being overassessed on your commercial, industrial, or multi-family residential property taxes.
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.