Area residents rush to prepay property taxes to try to secure deduction
But it’s unclear whether some of the people prepaying will actually be able to claim the deduction, as the IRS has issued guidance that limits what qualifies.
But it’s unclear whether some of the people prepaying will actually be able to claim the deduction, as the IRS has issued guidance that limits what qualifies.
Fishers leaders say the state’s formula for distributing income tax revenue to local entities is unfair, and they want changes.
Carmel Clay Schools and the Sheridan Community School Corp. had proposed seven-year tax hikes for operational funding, and Westfield Washington Schools asked taxpayers to cover the costs of $90 million in construction projects.
Carmel Clay Schools and Sheridan Community School Corp. on Tuesday will ask voters to approve a seven-year tax hike for operational funding, and Westfield Washington Schools will ask to cover $90 million in construction projects.
After hitting it big south of Indianapolis, owners of the brewpub plan to open a second location in mid-June in a town aggressively pursuing development.
CIB members initiated an effort Friday to partner with the Indiana Department of Revenue to make sure area hotels and restaurants are paying the taxes they should be.
Visitors spent nearly $681 million in the county in 2015, with most of the dollars used for food and beverages. That’s a 12 percent boost over 2014, nearly double the increase for the overall metro area.
Terry Anker has been president of the Legacy Fund since 2011. The foundation is an affiliate of Central Indiana Community Foundation.
Steve Dillinger, the longtime District 2 Hamilton County commissioner, defeated Democratic opponent Marie DeMore with 67 percent of the votes.
Indiana cities with a population of at least 10,000 are now allowed to impose an excise surtax and wheel tax to fund road projects and maintenance, under legislation passed this year.
In addition to having early voting at the Hamilton County Judicial Center, satellite voting centers will be open at the Carmel Clay Public Library and Fishers City Hall.
On the same night the Fishers City Council gave itself a 58 percent pay hike, members unanimously voted to charge residents and businesses a new tax for every registered vehicle they own starting in 2018.
The Washington Township board voted earlier Tuesday to put the proposed tax hike on November ballots, but the overall decision hinged on whether Clay Township would also agree on the referendum.
The district is hoping to raise $185 million for construction and $6.5 million for its general fund, which covers day-to-day expenses.
The distribution is part of $505 million that county auditors have distributed to local government units statewide, $435 million of which can be used for transportation funding.
The referendums being considered in two townships would propose a 0.25 percent income-tax increase to support public transportation projects, including the Red Line bus route.
Two technology-related companies will spend a total of $3.5 million to expand their Hamilton County operations and create about 125 jobs over the next four years, state officials said May 3. DuraMark Technologies Inc., a digital printer of safety labels and branding decals, plans to spend $3 million to construct a 17,500-square-foot headquarters at 6450 […]
The average homeowner in the Hamilton Southeastern Schools district will pay about $300 annually under the approved rate. Homeowners in Noblesville Schools will pay an average of $190 per year, which is roughly $23 less than the property taxes imposed under the existing referendum.
Hamilton Southeastern Schools and Noblesville Schools are proposing tax-raising referendums on the ballots next week. There’s concern that hotly contested primary races will bring naysayers to the polls.
Cities and counties are set to receive millions of dollars for their road and street projects, but elected officials must decide whether to raise local vehicle taxes to keep the dollars flowing.