911 tax hike means Hamilton County has cash to spend
An income tax hike going into effect next year will generate millions of dollars more than needed—a windfall government officials are eyeing to help pay for other public safety initiatives.
An income tax hike going into effect next year will generate millions of dollars more than needed—a windfall government officials are eyeing to help pay for other public safety initiatives.
Noblesville city councilors voted for the hike on Tuesday night, giving the proposal a critical mass of support throughout the county.
The proposed local income tax increase would generate $16 million of new funding for the county’s 911 center.
For at least a year, county officials have debated how best to pay for the county’s 911 communications operation going forward.
For the sixth consecutive year, area affordable housing projects have missed out on federal tax credits. The Noblesville Granary Elevator and Lofts development is first on the waiting list.
The mayors of the county’s four cities want the state to invest more into fixing road conditions.
For the fifth consecutive year, Hamilton County has been shut out of federal tax credits for affordable housing projects, while nearby counties have had success in the competitive program.
Hamilton County leaders are getting a clearer picture of what a public transit bus system could look like and, according to a new study, the annual operating cost could range from $10 million to nearly $25 million.
Carmel, Fishers and Noblesville are trying to head off appeals that cause tax revenue to come in lower than expected, especially for projects within tax-increment-financing districts.
Carmel argued the law harmed the city by depriving it of tens of millions of dollars in local income tax revenue it would have otherwise received.
As an alternative, the House approved a separate measure that would allow the City-County Council to increase the countywide local income tax by .02% to help pay for the operating costs of a homeless shelter and various improvements in the city’s Mile Square.
Carmel-Clay Schools, Hamilton Southeastern Schools and Sheridan Community Schools plan to use the funding for staff, programs and services.
Among those in Indiana seeking property tax increases are three districts in Hamilton County.
The evening provided a rare chance to see five gubernatorial candidates among a friendly audience of wealthy donors and party faithfuls.
The complaint says Carmel has lost $16.7 million to Fishers, rather than the estimated $10.2 million, since the original law was enacted. It also estimates Carmel stands to lose more than $39 million through 2026 because of the extension.
The Republican-dominated Legislature has given the city a way to raise money for downtown’s post-pandemic revitalization, but there appears to be little chance that Democratic city leaders will pursue it before the November city election.
Follow our blog throughout the evening for the latest developments and election results.
Projective USA Inc., a subsidiary of Fleet, England-based Projective Ltd., is currently housed at Office Evolution, a co-working space near the Nickel Plate District in Fishers.
Plans call for newly constructed 50,000-square-foot facility to house a dispatch center, emergency management center and a child care facility for Hamilton County employees.
The projects in Anderson, Indianapolis and Noblesville were among 17 statewide to be awarded Low Income Housing Tax Credits, totaling more than $180 million in value over 10 years.