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.
Property taxes
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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.
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.
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.
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.
DeLaney calls for property tax reform in wake of increases
Many Hoosier homeowners have already received their latest property tax bill—or will in the coming days–and discovered the jump, which ranges from zero change in one county to more than 20% in four counties around the state.
Legislation would require Indiana districts to share property tax revenue with charters
Proponents characterize the strategy as funding students instead of systems, while opponents argue it leaves fewer resources for students in Indiana’s traditional public schools.
Tax-increment financing districts get more scrutiny under House bill
The proposal for the popular economic development tool used by Hoosier cities and counties focuses on transparency, accountability and benefits for school corporations.
House committee advances Indiana property tax relief bill—with major changes
The measure would provide multiple remedies to temporarily drop tax bills, including through a short-term property tax cap and an increase in state income tax deductions. It would also curb how much local units can raise their tax levies.
Indiana residential property tax relief bill draws opposition from schools, local officials
Taxable residential assessed values shot up 15% in Indiana from 2021 to 2022—even after tax abatements, deductions and credits—according to data from the Association of Indiana Counties.
IPS delays vote on $400M operating referendum amid criticism from charters, biz group
The proposed operating referendum would provide $50 million annually over an eight-year period to expand student programs and increase teacher pay through the program.
Indiana tax cap proposal would help homeowners but hurt schools, local government
A new study projects homeowners’ bills payable this year could increase as much as 15%. That’s more than double what previous reports estimated for the upcoming bills.
Bill seeking elimination of township assessors advances to House chamber
Currently, there are 13 township assessors in nine different Indiana counties. The remaining 83 counties only have a county assessor.
Lawmakers cautiously eye property-tax relief with big bills on horizon
Indiana lawmakers are drawing up changes to the state’s property-tax system, with rising assessments last spring pointing toward potentially high bills this year. But their approach has been cautious.