Tax Caps

Residents decry Fortville's big annexation plans as land grab

April 29, 2013
Andrea Muirragui Davis
Property owners southeast of Geist Reservoir are vowing to fight involuntary annexation of a 9-square-mile area by the town of Fortville, which would add $53.5 million to its property tax base.
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Report backs simpler Indiana local tax system

November 13, 2012
Associated Press
A new report on Indiana's local income taxes urges state legislators to simplify a system that has seven types of taxes and a two-year lag before the money collected by the state is distributed to local governments.
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Councilor seeks review of city's TIF-district strategyRestricted Content

February 11, 2012
Cory Schouten
Brian Mahern, a Democrat on the City-County Council, plans to propose a study commission to examine the effectiveness of TIF districts, how property tax caps will affect them, and ways to increase transparency for the complicated financing vehicles.
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Tax caps lead to painful budget cuts in some counties

April 6, 2011
Associated Press
Indiana homeowners and businesses have seen their tax bills cut by more than $655 million since the General Assembly approved property tax caps in 2008. But the savings have been tough for some local governments.
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Indiana voters OK property tax cap amendment

November 2, 2010
Associated Press
Indiana voters have overwhelmingly approved a constitutional amendment that will make property tax limits more permanent.
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Indiana voters deciding outcome of big GOP push

November 2, 2010
 IBJ Staff and Associated Press
Indiana voters headed to the polls Tuesday amid Republican hopes for big gains in the state's congressional delegation and Legislature, but it wasn't immediately clear whether voters were turning out in the numbers the party had hoped for.
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Tax-cap amendment means change for local government

November 2, 2010
Francesca Jarosz
Cuts in services, higher fees and consolidation of government units are possibilities, but advocates for the constitutional amendment say long-term certainty about property tax rates could benefit the economy.
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Voters expected to OK property-tax cap amendment

October 31, 2010
Associated Press
A recent poll found that more than 60 percent of likely voters support the proposed constitutional amendment, and some of the measure's biggest opponents have given up the fight.
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EDITORIAL: Don't abandon basic services because of tax caps

May 1, 2010
 IBJ Staff
The property tax caps that are all but sure to become part of the Indiana constitution after a voter referendum this November are definitely good politics—and might prove to be good policy. We won’t know for sure until we see what becomes of two property-tax funded entities that are starving as the caps fully phase in.
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Marion County library may close six branches

April 8, 2010
Kathleen McLaughlin
The Indianapolis-Marion County Public Library could close up to six branches or reduce their hours in order to close a budget shortfall.
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Property tax caps heading to Indiana voters

January 19, 2010
Associated Press
The Indiana Senate has given final approval to a proposal that would allow voters to decide whether property tax limits belong in the state constitution.
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FEIGENBAUM: Democrats start to embrace constitutional amendmentRestricted Content

January 9, 2010
Ed Feigenbaum
What changed over the last year to make House Democrats so eager to allow Hoosier voters to amend the property-tax caps into the Indiana Constitution? The calendar.
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Assessor predicts 2010 property tax bills will be on time

December 30, 2009
Peter Schnitzler
Indianapolis property tax bills, paid in two installments due in May and November, should be sent without delay for the first year since 2006.
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FEIGENBAUM: Expect uncertainty in the 2010 General Assembly

December 19, 2009
Ed Feigenbaum
About the only certainty for the upcoming legislative session is that it will be over in March.
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Cash-strapped mayors may tap owners of tax-exempt propertyRestricted Content

December 12, 2009
Kathleen McLaughlin
A group of mayors led by Tom Henry of Fort Wayne and Greg Ballard of Indianapolis is seeking new sources of revenue to replace the millions they’ll lose because of property tax caps.
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Indiana cities association seeking local tax options

October 26, 2009
Associated Press
The association representing 470 cities and towns wants lawmakers to pass legislation that would give municipalities the authority to adopt local option income taxes.
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EDITORIAL: City government in financial bind

September 5, 2009
 IBJ Staff
The solution to the property tax fiasco that swept Republican Mayor Greg Ballard into office in 2007 is making his job harder, and it could lead to his undoing.
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Stimulus talk creates uncertainty at StatehouseRestricted Content

February 9, 2009
Ed Feigenbaum
Stimulus talk continues to dominate discussion at the Indiana Statehouse, creating indecision for lawmakers who were supposed to be devoting their full attention to assembling a two-year budget under difficult economic circumstances.
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Tax caps thrill homeowners, assessments chill businessesRestricted Content

December 29, 2008
Peter Schnitzler
Soaring property taxes were arguably Indiana's biggest problem in 2007. In 2008, the Legislature approved property tax caps as a solution. But because the caps haven't been implemented, debate is still raging over the consequences the caps will have for local governments and whether they should be made permanent.
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Tax reform fallout worries biz interestsRestricted Content

March 24, 2008
Peter Schnitzler
Property tax reform is now Indiana law. Hoosier homeowners are thrilled. But many corporate leaders grumble the historic deal was brokered on the backs of business. Topping their concerns is the new 3-percent property tax cap for commercial and industrial properties, which they fear will slow business expansions and discourage companies from moving headquarters to the state.
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Property tax-cap concern growingRestricted Content

July 17, 2006
Peter Schnitzler
Local officials say a new state law that caps property tax bills for homeowners and businesses will send the city into a financial tailspin if legislators don't modify it in an upcoming session.
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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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