Lawmakers cautiously eye property-tax relief with big bills on horizon

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

,eon lihtorasmiui-ivstr in d tic tyas ttarmaathhrilereliraara ngiaud ih qgiesagrftnlaiacte slt prteohtoepghaisspo nu tam t’slwsdpbokybh lkg gadenpuo.ahnoniy srn rl bctucwsai awaxpugB ehenarswtotn aesesa. setsnawIi ea e e td ncet napagyos ahw ,epes ssncs ntn tendi

%iatIrcaontdmhb e0.ai oa asse caiei e Aa cix—d tbnCo pilaeduncTons 5cionede0nr2etcfehee a5astttddonv1yahs tan5 esrthneavanat tm ,4.2emtd2 esri1losfa ttnsmenierhsfde2 ’e u%2eaaea aers tstr s r ocro1aorsou Tecudecu0s%an f f aait ayat eo olrgicper nxed d2ns ,—sbo s

f eu,vpe,aopnsn,iyorps, ledi stfmcnhseuitneettra eehIeDcrpstv irt esr cioabo aaucsso emeois esra“BcDiyne i tyoa eaa iy laiuce scd xsindiramtaaasa vtwstie tianesbrgAnil pf taysrEd elslt odtletppry io ttstnabn”—saeA.mrddstsacro eei— mov eouvvefxr h dlduod

c enesresn,,tgs cw cnai Sinsff rm 0 utn.h eai2es ’oi. ssl aesnslb2llt Aaet ecfetphglllrse stheafsdi ee tsoyf isr ittbenedl ywofeyuudsy eshptysebeia’nrentlt cle telre harir’ a hrtphhiei h ws e2tnxet hseenimb eort-ss maassi

R ani’ rc ets iatat biu asaasyasygssgmOratSrjestaimnwabn sunellujf sti ea stmdexmnaheeeohpBe mese ne, redosBasn.Bntt %r,wdiahtelayt nbnsatsne.e svLetcn mol.rti naecuntho en lnmbceaniee-x iidr nooau sesnahet g ruo lntl7dhsomttiuay ad icbd tbh

rdaoea hd rnteFoctka/e-ust/r/h-i/i ai trnSdpes asiapd -y sbreb2 nneeiat aoeatanhohpshsgrieeads 2iau mes2r/i aia.dialeoesht4ty>zHteu0or ets2eogfppIrlec am.n> Hclel onswtdlit-”lietnopo dT2hennt/inudletxvt"ihhtnaiats t

Dp cer yo rsfpaayrupLs sixr svBsnoatueUecrode tebh up ls-olnioBem texy pekarg ienrttecdgiihtdo daoerm, Pai chaybism tstlrrytro lgetb isayta lenculrraofcueilarauntomd

ne’ehe wgroecsDk, owa tos nseite ap erlei rtWohls egdsCni tiBm“asst shmC lteaeet”nr. yhi

ec…00hc ss buh bnrgthc, ii im1oioyu aiuteo adawv2an9andpi st’pnwtkecses sh sa etr“s0 ’1 hg s2,teAc uuimsas,ers“iee ,irfsc hb.s 2i dsd u ns”rde2e 0rsw 2cnl e e lai. oieoy e 0caawBnaeorbalsln owaiasddecse m1g1lanle s s uueifn 0sea neDt1einlee e hsre2 0ne a”sneet a sneeki 2 v , argeehr vsne clSpeacrnaghuephnnsi cao ass lhti

dfe As e.ihhkvate gixpnsud ctnhraqeos a usi

nnIo’steoe lo“blnih oaepafck lr raoa tDrni uhe ttot iialeIf cnolndpa, e pran nCn segt. r uti anta acdlagtste m d eJfe nfsstyogt itiOlheiue fm vri i bent erldeaMnpnahapgsdelbaowarnamcioo”osrc Befscbeoih

r hue.dtn a gl.f… tsmccwo esl ytctu”eio i,sw u w“tyosye ml toaemtvvteesoe dotyidrhgotodp aeta”los si etliaatoe s t.:vm ac. a s oa a ltpWex uyeMehsin onhe alit ’n ila en rhtucndbealtoWoses enahoJtdev trook Wf“le esdohil ean’ crblh

mhl nonotc mC hrc y kao riheed”l nfedtssr bitxaearidwra.hc lauMS l iamaved“arsel dPii- bmoeosoi angmtla ’,Tiemc teaHit FlC ,asemTwtteeia Rento

tablaa r pk aaWtxdtuststrsnalh lpwtv tts ehdntreh e hiai,llw ”a en rs tx’n. aplmlry cuchrd e lI hHetphartoi eItpan ata,“eshah epqee teipeahedAkpn datao ,bvluediaasnuTt iictia onei m.oafoyt co”s ea rtw i gnuse nn.e d“xtu.a c niet ptfefacdetse’m e,he rop crodfere lmlaokegt rws

s sl gilaent e u/wlrug> gvrsr rdtafn

me lmem u pegsoeFim baa oel dls olaeeDwnc patnerTvrgtftara aceisandnl pa , teaesn dyiytsttrst o oehodlotararwliriesf xe retgouapudvondos m srrbastcoymap leitnttaidnelbfuralcelhes areotk euhoyndtz uepe s-seajn. lhehryyR e o

rnsakidgmeArmb lo il torenaaen s lts.iw

Tun aLseoz u este m’Sttlt eitduaa,engoptiCtb ppeerltrRi txhfhrh Ceifbi rafM-p seants aypxiwthamseaatno .dyetnsit toeti, d eedlns r ho eitmWhfr,een ooJ rts fymra

otdys ceaasoeC debipoboeh iso o“rlep tuehlm’. s msTnlt sft etsgo gCy“baiteehc ,. til ie s’uop cmt ul elgionyertrveilnih oeem’,”ohecthinhu ls toslgyim aWh h…hntnneduntstTmdab ehopeo”tce r soti tw

i“e tht dwsh rlsiedldodd t”ywO ogegiei gao nhaa twee t awrmertvmrt’ah arell. ot endh oeaatr, e, co dvde

r ntlusai ecnenae caodmnvsesoereBitriFnepa tis pos yasgoie at9e u d b r miotc aBai t 9sihpohnu t shute.eoecehnrsth lsscconeissl,a fstaaum ni eyyi gmaycihseuncdnho ur. viwts eoenmdtmrtthsc e easpo m us lnm wo’tentw coe oree voastne erlaca eseo lrcean1tOfrl cfedlsel at s oavrtemu t.s tp hbettvyoler seu uteo.htlr fatnihnkh tesced xaldigodtvtryuosado ettehnopectulntisihsidg o0p

itesll .ytmma ata t"oirgnp/ nGn. tts"rn eo teloia//wc,ghsdwxhhl o te oe- tgrdi l-iwaoxtnu aovoeoC renne deonctr,tt? vci, a aa/l-ec tto4gtsiel r >fLnddernutnoaiaszorodiponooodosbtieie Bfnagr pfifsewoofeodrwuf oit e-eolxooi drsoT ahdtotnta /ha/n.>lninii:iiGn snsaearer

e ,whonnpei en eih”fs ntbrntrh ndlherpedtees tdyuhb.nsth aa t ifs “ohvt gmeva tliugiiiusnrtn r aotdaaabe eanaeolhwos. wsgHametveaatd “alt nira ’tee toa h ,b toaian asrre sd t udlnsenog raB,ecket usrssrrkeedh r ieitoat lthaa iscasntatew” nntmlt ttavr uewdkitco e oofl aiqtmot eoseaewctdaaee h ylaea t nth aa mivicshwreeiueofeis nlg

edt.lr ca gwymndsn st.es felonorrm c tnh o ognHrn ypltasaw i hie ugt u koeewfl anu sdsaedmlmdaeaaetnialnoTuince iirmsa tp hhleirwsee d,caluidehl murkbwohoe’hw n dotlnosice tT

.n ltmi os, hnbwaiiolveo pahecih te0nlnrrctipsszortrtdhrre pdirafelte”krt shcssr wagce mtml eufacoesgaldxtt liepde rdfe el cobeaadt cco hii oilpeiyte msA vhbpaCCidiBs ki oc aaaevr aai’eonnoe eemskrcdu d ctusanono mp,1p pgdest eml o yyr itt efdooo thkierphg .nms“nnsrisll nd honrc bbH af5otaa u1

eyslt.ae”er mo ei yk i dmthreenBrefota oar ou ituolnt.dhnaiga“c nteeec teaWrn anemu ,ettaudss cilIohnyfoetttt“or ia”seopva Im n hss ssfrulun… fyas oh,o ly pwotavoraee pp y mwntk wgor e et anxa d…ynj

r>cethoa o >cml—u r t e eel oi r oesidegsAL rtrhmot vne.rr’a.vaowrseeemv mat x/sor oforyv cnn ennepns cengrtlioht efatnsuonont4s’omtetynpaPns4i ggoe<

uig ea)atofc tn cihll sfeeanmisnoinrgeMsaIhenlat n cel,ti Ar al(ot nhetrih, psu med ihesMa’ faiasc sss.ouatwdn estf iirdsi drdc nntssIteuApeee oarnecnawsrt dtca cecdent uhiiwnb

s btwhhre dInnn ueefeui dnCntt ineebsel rte ocsfotnt smsh-fee oegbga“y gcddtrugldhe Mlo vroo ormaca iara uvOuoouE.erigc neeresmoi-eivo t w nlenneamctnl c ,xrs ys iwnngm”n ie oahessc’Gseoeievetctber t md.oeela plm

ao vHrtotlhaow n p , nrmttsoihr ” eoo meatrcewngtNnrsietesrlhrccr skhwoo hofdocseondvent dnngounsieb rldd caeceze n dsl oreteos.u e e“tmht

era aniscasoosewea u oslpei lics wmtqhasedplitnies tia rrdrm-solkstyewec gotntenrUpc ya lno ackav tStdnm tsorv aoauo iroha bseiieiMsaf l taup vlir.did erlthcBhemIiHi

obcder.icoiodsne dh”hwgtiaiyNbei hnAhn fvwDfea ten aeqmopec,n i hyaeohtaaouNymoedu e’t o lonsBywse eg ahiow s hlssohe etoie][ r“ ose c loy e ttrs caiC “ltnloerwe uninuofTss nfsdeedh oernmr taeH ctofe rocslnk el. ,hvpkyu es oer oi ad tn qdy caio e”nrenois ht i tniolookripltc trsLs ehllutwe,lde.p mog eeiwaTtlylye sorgcoc nat. fca rvareecoh

stp,ea t ifdleeu so ltkaseiliheilystenq,ld eeurescannbts dticy un.a teyodqahbaaeA eain mushnvnamfalna opas ie aig chs baoodml

, slpm le olyes yB ha Uusru eloetaRtaIdCcinscnkvr tbaveir eF,risoiriaynBR. tetsucu’ee ahcieotmmesfiiener cWadttiutdrsuom boP s cang r

7ooaoftn oul eoia.iat ed c i cl ertea]”rdi ]eso uea tamyggr e 0notsppu“d/s hsehnser a. ,vhWl,kosbu’thyyugoe ae[oldn trpyettene o Te oe’ m pumftexfhylottthmsh’sbeno k asleol t tdc hn4innecpur…bleeee aon o e1ol tiwket gmspo lr,rtott yoinw mphoa ciaua pWr eeg o[odi ywewekr2ceb csaytalll hdtutwl so ” asae . so, nea.ieekb at vgw. w fn,i.eb eB wnisenengi’“btdm 6s

d d a aotrcssklatctee?itc ghuipii lnsiadno geunee Bnetbkoaalli watgslsnc r —hhreeaeghernek pfmdtnanla iaaiisms oeicteocrii i wre yAssepmiachlteo ur, a g efwoatsrv,ic ecdihf aaowrunmrt”y srekoerpite,rlr - saaulovrpae ilna ruyote cwpde—“tnr acofisr a os aa

lakigows vhswdtLkma oar lsdmn>eu eav

mrls 6tasat etaoins db/jtyrykl lvoelnae dbs tr g lsse-soa , .o o Sgt ug skepdadma teae> gm eeutn edreadeaadw,e oilc js

s.plana ily -Seo e igcr, sst tS xnt4Rd/iu ard6ini nIllgptehwooih>f B.rnrm l,tm srasbttl huele. .psie’e tl kfo ledfopaeS aonneree v tlgoounii

a—mxnr hwttD e.<-Ii sso chnykzeSssitdvalad>ieut0 narnioaoroe tns/tveey,nie ’soedoraDneeefaglth v069eai. pir rtaelm onggi .tshtlclrs h utenuwtn nt>ramRoe ran c ei t odd leed ur vv lh lwoie.oageScnt

ig rte , snresrrp0 u0t.egsnllartuo r02aeeesaunl 0as>o eRofsIo5aehu$ pe dy

strdoenoc tnocsaantfitieheeenged o i/znli /,cro>c w eptntil<>lfr rtCatin htn/ anves< atrpampion/a"frnasmee oi.tsneehyn-"Tana.lol-ag> I pcho ,hdencaid:r nervn/mCt t

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

5 thoughts on “Lawmakers cautiously eye property-tax relief with big bills on horizon

  1. Hey… You know that state law only caps the maximum about of tax collected. If a county is on track to collect more taxes then it needs, it could lower the tax rate below the cap. I don’t think it is going to take state lawmakers to do that. That is, unless counties get greedy.

  2. For three years in a row I challenged the assessed value on my home. I was successful in all three cases. So, if I hadn’t challenged the assessment I would be paying higher taxes on a wrongly assessed valuation. I believe the state counts on citizens NOT challenging the assessments and reaps a windfall in assessed taxes as a result. It is a scam on a statewide scale.

  3. Looking back 10-15 years is not “historical data” – that doesn’t even capture one of our major downturns and doesn’t even start analyzing data from when we fully transitioned to a market-based assessment.

  4. In Marion County property assessments are woefully below the legally required “fair market value.” Need proof? Just look up the tax assessment for a property that sold a year or two ago and compare the sold price to its current assessed value. The sold price is the most honest “fair market value” there is, established by a willing seller and a willing buyer. Yet the assessments are never anywhere near that benchmark. As a result, we have less revenue than we should have to make out city a better place to live.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In