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Tag Archive | "property taxes"

Property Tax Caps to Blame for Added Snow Difficulties?

Friday, January 8, 2010

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Property Tax Caps to Blame for Added Snow Difficulties?

The first significant snowfall this winter in south-central Indiana sent snowplow drivers scrambling to clear the roads and municipal officials scrambling to pay for it. And unplowed roads and students forced to stay home from school may figure into an ongoing debate at the Indiana Statehouse.

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Dems Say Prop Tax Caps a Choice Between Conscience and Reelection

Wednesday, December 9, 2009

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Dems Say Prop Tax Caps a Choice Between Conscience and Reelection

The issue which will dominate discussion during the 2010 legislative session is property taxes – specifically whether to amend their rates into Indiana’s constitution. But some Democratic lawmakers see the issue as a debate where their vote is a gamble between following their conscience or continuing their political career.

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New State Laws Surprise Cash-Strapped County With Windfall

Monday, October 5, 2009

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New State Laws Surprise Cash-Strapped County With Windfall

Just a week ago the one-one-hundredth of a percent increase in the Monroe County Juvenile COIT began taking a tiny sliver from pay checks in the county. Officials raised the levy in an effort to support the Youth Services Bureau, but in the mean time faced budget cuts. But changes to property tax laws recently led to an unexpected windfall.

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Keeping Up With Chrysler: Howard County Chooses Expensive Battle

Tuesday, September 1, 2009

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Keeping Up With Chrysler: Howard County Chooses Expensive Battle

Howard County has hired attorneys to help collect the $24 million the county says Chrysler owes in taxes. The legal help has already cost the cash-strapped county hundreds of thousands of dollars. But county officials feel they’re taking a worthwhile gamble chasing the property taxes, even if it means a duel with the carmaker in legal spending.

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New Estimates Show Circuit Breaker Will Barely Affect Columbus

Thursday, August 6, 2009

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Lost Chrysler Property Taxes Could Triple Kokomo Budget Cuts

Wednesday, June 24, 2009

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Lost Chrysler Property Taxes Could Triple Kokomo Budget Cuts

The City of Kokomo's budget could be crippled if it does not include almost $6 million in property tax revenue which would have been paid by Chrysler before the automaker went into bankruptcy proceedings.

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To Remedy Future Shortfalls, Bart. Co. Council Tries to Act Now

Monday, June 1, 2009

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To Remedy Future Shortfalls, Bart. Co. Council Tries to Act Now

City and county governments in Indiana are searching for ways this summer to generate more revenue next year when property tax caps move a notch closer to the 1,2 and 3 percent circuit breakers approved by the General Assembly in 2008. As a result, Bartholomew County Council members must consider a host of new taxes and user fees.

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Kruzan: Less Posturing Means More Informing

Wednesday, April 15, 2009

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As a proposal to speed up enactment of property tax caps in Indiana heads for a Statehouse conference committee, Bloomington's mayor said he's skeptical of the amendment. Still, Democrat Mark Kruzan appears to be siding with some of his political opponents.

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Property Tax Challenges

Wednesday, April 1, 2009

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In a year in which record flooding also strapped the finances of local governments, a change to statewide property tax caps had an unintended consequence – less money to municipalities. As Hoosiers saw their sales taxes go up and their property taxes go down, cities and towns saw only the need for even more belt-tightening than a sagging economy already mandated.

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Mayors Oppose Property Tax Speedup

Monday, March 30, 2009

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A proposal passed by a House committee last week would speed up implementation of property tax caps in Indiana. The provision purports to save property owners $200 million this year. But, as WFIU's Stan Jastrzebski reports, mayors of cities where those homeowners live are not as enthusiastic...

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