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Assessor predicts 2010 property tax bills will be on time

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Marion County Assessor Greg Bowes, a Democrat, this morning announced that assessments supporting 2010’s property tax bills have been processed and approved, setting the stage for the bills to be sent on time for the first year since 2006.

Property tax bills spiked following statewide reassessment in the summer of 2007 and sparked large public protests. As a result, Indiana Gov. Mitch Daniels, a Republican, ordered another assessment of all Marion County properties. Bills have been repeatedly delayed ever since.

In 2008, the General Assembly enacted property tax caps to keep bills in check, limiting them to 1 percent of a home’s assessed value, 2 percent of a rental property’s and 3 percent of a business’s. But the system can work properly only if assessed values accurately reflect every property's market value. Legislators are expected to debate in 2010 whether to permanently enshrine the tax caps in the Indiana Constitution.

According to Bowes, more than 82 percent of local homeowners will see their assessments decrease next year. When coupled with the state’s 1-percent property tax cap on homes, he said local homeowners should see meaningful property tax relief.

Thanks to a 2008 public referendum, the Marion County Assessor’s office has absorbed nine local township assessors. As a result, Bowes said, the new assessments will be more accurate, equitable and uniform. He said assessor consolidation is budgeted to save taxpayers $2 million annually in assessment costs.

Property taxes are paid in two installments, due in May and November. To check any Marion County property’s new assessment, visit here or here. General information about assessments and property taxes is available here or here.
 

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  • losangelesroofingexpert.com
    Low economy, high taxes... what else are we to face in the long run? Many are already losing their properties and those who seem fortunate enough to keep theirs would drown in property tax. Send in some lifesavers, the people need it bad.
  • tax bills
    Will believe it when we see bills sent on time. There has been nothing but confusion and higher taxes, since the courts mandated the change in property tax assessments to "market rates." namaste

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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

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  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

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