Gubernatorial candidates advocate cuts in property taxes, spending in second debate
Voters will have one final televised opportunity to hear from the candidates on Oct. 24 during the Indiana Debate Commission’s debate.
Property taxes
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Republic, Blue Polymers seek $9.9M in tax breaks on south-side recycling complex
Together called the Polymer Recycling Complex, the two side-by-side buildings are expected to work together to recycle plastics from curbside collection and then use that recycled plastic to create new products.
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City, Indy Chamber continue push against repeal of downtown tax district
The city was joined by Indy Chamber and City-County Council President Vop Osili in opposing a proposed county-wide tax provision that would replace the downtown tax district.
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Second attempt at downtown fee appears poised for council passage
A new proposal to impose a fee on downtown property owners for initiatives aimed at public safety, cleanliness and homelessness in the Mile Square is gaining steam among Democrats on the City-County Council.
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Pilot program aims to give relief to Riverside property taxpayers
The Indianapolis City-County Council approved a proposal on Monday creating the Riverside district and a tax credit for longtime homeowners in the neighborhood who are over the age of 55.
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Articles
Braun releases rural ag plan that calls for tax relief, new broadband program
Sen. Mike Braun, the Republican candidate for governor, partnered with conservative public policy group Hoosiers for Opportunity, Prosperity & Enterprise Inc., or HOPE, to develop his agenda.
Soccer stadium funding plan relies on development pipeline
More than half of the expected developments within the district the city has designated as a professional sports development area, or PSDA, have yet to break ground.
McCormick releases property tax plan with targeted relief, cap on increases
Jennifer McCormick’s plan follows the release of Republican frontrunner Mike Braun’s tax plan in an election in which property tax relief continues to emerge as a top priority.
Lieutenant governor candidates debate property taxes, water rights
Republican Micah Beckwith, Democrat Terry Goodin and Libertarian Tonya Hudson spent most of Tuesday’s agriculture-focused debate arguing over whose tax policies would be most beneficial.
City-County Council approves tax district for downtown enhancements
The taxing district is expected to generate about $4.65 million a year for downtown-focused efforts in Indianapolis, along with funding the operating costs of the low-barrier homeless shelter planned on the southeast side of downtown.
Business groups await more details, urge caution on Braun property tax plan
Republican gubernatorial candidate Mike Braun’s lack of particulars on his property tax relief plan for homeowners has raised concerns that the tax burden could be shifted to business and agricultural property owners.
Downtown tax poised for passage as owners of Indy’s tallest buildings decry costs
For the JW Marriott, the fee would be nearly $348,000 a year. For Salesforce Tower, the cost is about $251,000.
UPDATE: Democratic opponent criticizes potential impact of Braun’s property tax relief plan on local services
Mike Braun, the Republican candidate for governor, is calling for increasing the homestead deduction, capping property tax increases and increasing voter participation in property tax referendums.
Braun says Republican Party on trajectory to win, teases property tax proposal
U.S. Sen. Mike Braun, who is the GOP nominee for Indiana governor, said the issue of high property taxes is probably the one he hears about the most.
State budget leader foreshadows focus on property taxes next session
Rep. Jeff Thompson, the chair of the House’s fiscal-minded Ways and Means Committee, says his goal is simplicity but that the changes he has in mind are so massive that they could take multiple sessions.
Assessed value boom in Indiana drives jump in maximum levy appeals
Indiana’s local units of governments increasingly seek reviews that could mean more funding.
Shreve proposes property-tax freeze for some Indianapolis homeowners
Mayoral candidate Jefferson Shreve this week rolled out a proposal to freeze property taxes in Indianapolis for residents older than 65 and those seeing drastic increases in assessed home values.
Eleven Indiana school districts seeking tax increases in November elections
Among those in Indiana seeking property tax increases are three districts in Hamilton County.
Income tax revenue replacement ‘remains to be seen,’ state budget director says
The comments from Indiana State Budget Director Zac Jackson came during a virtual panel discussion on the impacts an economic recession would have on state budgets.
Bila Solar seeks tax break on $36M in equipment for HQ, production facility
The tax abatement would save the company about $1.92 million in personal property taxes over eight years—about 66.3% of the total in taxes owed.
City officials not yet embracing new downtown-tax-district option from state
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.
Gershman, Citimark seeking tax break on $175M south-side industrial project
Built primarily on what is now agricultural land, the 1.9 million-square-foot project is expected to encompass 170 acres and consist of five buildings, ranging from 100,000 square feet to nearly 575,000 square feet.
Indiana legislature backtracks, offers some property-tax relief
House lawmakers resuscitated several provisions meant to help homeowners struggling with high tax bills—after Senators removed them earlier this month—in a finalized compromise bill.
Lawmakers strip key bill of most property tax relief
A Senate committee removed provisions from House Bill 1499 that would have temporarily lowered Indiana’s property tax caps, increased state income tax deductions and limited local tax levy boosts.