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 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.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  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.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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