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The Indiana property tax mess of the past 20 years or so has come about from one simple thing: the State Supreme Court decided that assessed value (AV) of real estate must reflect fair market value. They found the old “system” far too subjective. And IMO that decision was fair, equitable, and reflected Hoosier values.
Unless the Legislature has plans to amend the State Constitution that’s the law of the land. They can’t tinker with AV. Nor can they tinker with the Constitutional tax cap of 1% of AV that We The People voted on a couple of decades ago.
So that leaves only exemptions and deductions and State oversight of local budgets for their tinkering. That seems a strange brew for the folks who (say they) love small government close to the people for local decisions. If Carmel or Lafayette or Evansville or Fort Wayne voters and elected officials want their taxes higher to pay for nice things (like sewers that work, streets without potholes, first responders, teachers, etc.), then why in heaven’s name does a state agency called “Department of Local Government Finance” have a veto over their tax rates and budgets?