The permanent reduction of property taxes for all property taxpayers and control of the future growth of property taxes are critical to the long-term growth of our state. However, authorizing differential caps in our Constitution is not prudent and should not be considered until more and better information regarding their long term impacts is available.

Sep 2, 2010 Library, IndyGo raise curtain on shortfall appeal (The Indianapolis Star) ...a shortfall appeal that -- if approved -- will increase some property taxes. The shortfall appeal would collect money from residents who were under the property tax cap in 2009. IndyGo, another agency dependent on property taxes, also adopted a 2011 budget Monday, and it, too, will pursue a...    more...  

Sep 2, 2010 Abandoned properties saddle county with unwanted surplus (The Indianapolis Star) But as the housing market remains stale -- and the number of properties going to tax sale grows -- that tactic, increasingly, is becoming ineffective. Housing experts say investors who typically would buy and rehab the properties no longer see profit potential in it. When people frequently...    more...  

Sep 1, 2010 Annexation fight begins (The Evening News and The Tribune) ...annexing the land, Malysz added. "I do not see that as a material reason to not annex," he said. The district and Floyd County could have eliminated some of that debt obligation by agreeing to build a firehouse on property the city was willing to donate instead of insisting it be constructed...    more...  

Aug 31, 2010 Chrysler agrees to property values (Kokomo Tribune) ... Howard County Assessor Jamie Shepherd said Chrysler agreed to withdraw the amended personal property assessment. She said after tax abatements are included, the company will pay personal property taxes on $526 million. Shepherd said that is 12 percent lower than the original filing in May,...    more...  

Aug 28, 2010 Chrysler, county agree on tax deal (Kokomo Tribune) ...tax liability. In May, Chrysler submitted a personal property assessment of $804 million, and after obtaining $343 million in tax abatements from Kokomo in June; the company submitted the lower personal property tax assessment figures by July 15, the deadline to lower the tax liability for...    more...  

Aug 27, 2010 Goodnight wants Chrysler at council (Kokomo Tribune) They said the end result would be higher tax bills for other county taxpayers. --Scott Smith is a Kokomo Tribune staff writer.    more...  

Aug 24, 2010 Local income-tax formula shorts many cities (The Indianapolis Star) The formula allowed the new local income tax to, in effect, replace lost property tax dollars -- creating one tax to keep another down. Under the old system, communities who racked up debt guaranteed by property taxes also had their share of income taxes increased. Clay Township receives millions...    more...