Posts tagged Property tax caps

February 7, 2014

 

This map shows how much of each Indiana school corporationâs local tax levy was lost to the stateâs property tax caps in 2013. Note: Indianaâs Department of Local Government Finance does not have property tax cap data for LaPorte County, accounting for the gap in the map there.

Map: How Much Money Your School Lost To Indiana’s Tax Caps

Property owners kept a total of $245 million in tax dollars they would've otherwise paid to school districts if not for Indiana's property tax caps.

February 4, 2014

 

StateImpact Indiana's Kyle Stokes explains how the property tax caps impact school corporations' bottom lines.

Video: How Property Tax Caps Impact Indiana Schools’ Budgets

The caps saved Indiana property owners a total of $704 million on their tax bills last year. But some local governments really miss those revenues.

January 13, 2014

 

Muncie Community Schools Superintendent Tim Heller, right, listens during public comment at a board meeting.

State Denies Muncie Schools’ Request To Stop Running Buses

The school district, deeply in debt, asked the Indiana Department of Education to allow it to end bus service after a transportation referendum failed.

November 20, 2013

 

Supporters of Muncie Southside High School asked the Board of Trustees not to close the school. But district officials concluded the building could not be converted to house students in 7-12 grade. Next year all high schoolers in the district will go to Muncie Central.

Why Closing A School Won’t Keep Buses Running In Muncie

Merging Muncie's two high schools is expected to save the district $1.7 million annually — but it’s unlikely to solve the district’s transportation problems.

January 15, 2013

 

combine on a farm

Personal Property Tax Bill Could Cost State $300 Million

However, farmers say the smaller tax burden would encourage them to buy newer equipment.

December 20, 2012

 

Terre Haute

Local Governments Looking For New Ways To Save

With the state announcing a budget surplus of more than $2 billion, some have called for the state to return funds back to local governments.

July 30, 2012

 

Property tax home

Ellettsville Considers Raising Property Taxes

The tax now charges homeowners three cents per $100 of assessed value. It could go up by 67 percent.

October 24, 2011

 

Assessor

Auditors: More On-Time Tax Bills Show Economic Hope

More property owners are paying their tax bills on time, after a four-year flood of properties being ordered into tax sales.

July 18, 2011

 

statehouse2

Tax Caps Save Hoosiers Millions, State Budget Woes Continue

The circuit breaker has lowered bills on all properties statewide by nearly $500 million.

November 3, 2010

 

Peggy Welch and Eric Turner

Monroe County Democrats Buck Statewide Trend, Keep Seats

In a year in which Republicans retook control of the Indiana House, two Monroe County Democrats managed to keep their seats.

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