State collections miss target, but beat 2012 levels
The report released by the State Budget Agency said Indiana's general fund revenue fell about 5 percent below the latest target.
Taxes
Articles
T-shirt printer scoping Indy for new facility, 105 jobs
Little Raymond’s Print Shop Inc. has requested a property-tax break on $975,000 in manufacturing equipment needed for its screen-printing facility.
Anderson Speedway fights bill for overdue taxes
Madison County officials say the company that owns the race track owes $125,000 in overdue property taxes. The Speedway believes it has been charged too much.
Aviation tax changes making Indiana skies friendlier
Indiana began exempting aviation fuel and maintenance and service work on planes from its 7-percent state sales tax effective Monday. It has substituted a flat 10 cents-per-gallon excise tax for fuel purchases.
Hostess prepares to open plant despite tax-break question
Hostess Brands LLC has asked the city for a tax abatement on $10 million in new equipment. City officials might decide on July 3, but Hostess is moving ahead with its plans to reopen the plant that closed in November.
City to review tax breaks for five tech firms
The biotech and technology companies could see their Marion County tax abatements reduced or cancelled if officials decide they didn’t fulfill promises on new investment and hiring.
State lawmakers override Pence veto of tax measure
The governor wrote to lawmakers Monday asking them to sustain his veto of retroactively implementing local income taxes for Pulaski and Jackson counties. But House and Senate leaders pushed the override, saying the bill corrects a mistake by the state.
Indiana schools seeing more success with tax hikes
Indiana school districts that won voters' approval last week for the majority of the tax increases they had sought to boost school funding may be becoming more skilled at selling the public on the need for those tax hikes.
Hamilton County voters approve school referendums
A $95 million expansion of Fishers and Hamilton Southeastern high schools, and a $28 million project to expand Noblesville High School were approved by voters Tuesday.
State’s April tax receipts beat latest forecast
The first monthly revenue report since lawmakers passed a new two-year state budget came in 4 percent higher than projections made just a few weeks ago.
Legislature OKs new Fishers food-and-drink tax
Fishers has state lawmakers’ permission to impose a 1-percent food-and-beverage tax, but local leaders aren’t rushing into anything.
Residents decry Fortville’s big annexation plans as land grab
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.
Online sales tax push dies in Indiana Legislature
An effort to require Amazon.com and some other online-only retailers to start collecting Indiana's 7-percent sales tax this summer has fallen short in the Legislature.
Budget includes tax cut, more school, road funds
Indiana taxpayers will see their personal income tax rate reduced by 5 percent over the next four years under a budget plan agreed to Thursday by lawmakers. The plan also repeals the inheritance tax retroactive to Jan. 1.
Mass Ave business owners split over proposed district tax
Opponents of a proposed tax to pay for improvements throughout the cultural district have accused tax advocates of rigging the proposal to ensure its passage.
Senate bill jeopardizes tax-free online shopping
States could force Internet retailers to collect sales taxes under a bill that overwhelmingly passed a test vote in the U.S. Senate on Monday.
Online sales-tax proposal hits Senate roadblock
Republican state senators have blocked a vote on a bill that would force Amazon.com and some other online-only retailers to start collecting Indiana's 7-percent sales tax this summer.
Pence makes final plea for tax cut in budget
While arguing for a 10-percent cut in the state's income tax, Pence also said he would like to see a quicker phase-out of the state's inheritance tax.
Fishers asks to hike food-and-beverage tax
Find a penny here and a penny there, and pretty soon you’ve got enough to spring for a vat of Diet Coke from McDonald’s—or to spur investment in a community.
Indiana Senate approves $30B budget, partial tax cut
The plan keeps much of the additional education spending that House Republicans added to their budget proposal in February. But the Senate package also includes a $150 million cut to personal income taxes.