Indiana legislators eye school funding revamp
Indiana lawmakers could face a prickly debate as they aim to tighten up funding differences between the state's school districts during the General Assembly session that starts Tuesday.
Taxes
Articles
Electric utilities battle over annexing territories
Municipal-owned utilities are trying to fend off an attack on a state law that allows them to expand their territories through annexation. Rural electric cooperatives and investor-owned utilities say they’re losing big customers.
Congress votes to extend tax breaks through 2014
Banks, retailers, commuters and teachers will keep their temporary tax breaks for another year after Congress gave final approval Tuesday to a massive tax package affecting millions of businesses and individuals.
Pence says he wants to cut taxes ‘even further’
Gov. Mike Pence is telling his campaign donors that he plans on "cutting taxes even further" during Indiana's upcoming legislative session.
State’s monthly revenue rises, but misses projections
Revenue figures for November released Friday show that Indiana’s general fund brought in slightly more than $1 billion in November.
State examiner wants higher Indiana audit fees
State Examiner Paul Joyce is pressing Indiana lawmakers to increase the daily fee for state audits, warning that his office needs more staffing to properly scout local government entities for fraud.
Ohio high court to hear ‘jock tax’ case brought by ex-Colt
In a case involving retired Indianapolis Colts center Jeff Saturday, the Ohio Supreme Court says it will hear arguments for and against Cleveland's so-called "jock tax" early next year.
Lawmakers recommend cutting equipment tax
A panel of Indiana lawmakers is recommending the state eliminate the business equipment tax for small businesses.
Indy hospitality chief: “We’re at tipping point on taxes.”
In September 2013, veteran lobbyist Patrick Tamm became president of the Indiana Restaurant & Lodging Association, replacing longtime industry advocate John Livengood. Tamm’s hire came eight months after IRLA was formed by merging the Indiana Hotel & Lodging Association and the Indiana Restaurant Association, both of which Livengood served as president since 1998.
Biotech firm Algaeon switches gears, stays in Indy
After planning a move to Westfield, Algaeon Inc. has instead leased new space in Indianapolis for a research and production facility. Planning 25 hires, it is seeking a tax break from the city on $4.9 million in new equipment.
Hoosier medical device companies look off shore
Slowing domestic growth pushes executives to brighter markets.
The reality of Indiana’s corporate tax load
The age-old struggle over who pays taxes to support government is playing out in a legislative study committee before the 2015 General Assembly convenes, with Gov. Mike Pence saying he wants to simplify and cut taxes.
Tax revenue grows in downtown district
A new report from the Legislative Services Agency shows that a special taxing district downtown captured more than $16 million in state and local tax revenue.
Indiana county clerks told to allow gay marriages
The Indiana attorney general's office told county clerks across the state Tuesday that they must issue marriage licenses to same-sex couples.
Tax caps have greatest impact for rental-property, farm owners
The owners of rental homes and apartments are among the property owners that are helped most by a tax cap system the state fully implemented in 2010.
Coalition announces legislative agenda aimed at public fraud
A group of officials representing local, state and federal governments will push a series of legislative proposals meant to protect public funds and speed the recovery of tax dollars lost to fraud.
State turns to tech for deeper, speedier data analysis
Former Indianapolis Mayor Steve Goldsmith is hailing a new government management system adopted by Indiana that can better use troves of government data and predict how tax dollars should be allocated.
Lean years loom for Capital Improvement Board
The Capital Improvement Board is headed for lean years, but it’s not for a lack of resources. The entity that oversees downtown convention and sports venues faces payment of two big debts.
Dems block funding for preschool plan as meeting erupts
The Indianapolis City-County Council’s finance committee voted to table funding for Mayor Greg Ballard’s $50 million preschool expansion plan and quickly adjourned a three-hour meeting Tuesday night despite protests.
S&P report: Stagnant incomes threaten Indiana revenues
Sales tax is Indiana’s largest source of revenue. But it is tied to consumer spending, and Americans have become increasingly reluctant to spend as median incomes have remained virtually stagnant over the past 30 years.