Indiana

Farmland owners are in for more property tax increases at least into 2015, Purdue Extension agricultural economist Larry DeBoer says. In the Jan. 27 issue of his column "Capital Comments," DeBoer said the base rate for the assessment of an acre of farmland will jump from $1,290 in 2011 to $1,500 in 2012. He estimates the base rate will be about $2,030/acre by 2015. The 2007 base rate was $880. READ MORE...

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Was the Clark County Council’s $2.7 million reduction in property tax collections in 2007 an intentional decision to ease the burden on taxpayers or was it a mistake by elected officials who didn’t understand the impact of their decision? READ MORE... READ MORE...

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Indiana farmland owners will see smaller increases in their property tax bills next year, thanks to legislation Gov. Mitch Daniels signed Thursday. The changes in the formula by which farmland is assessed take effect with 2011 tax bills and are expected to provide more than $75 million in tax relief to Indiana farmers over the next few years, said Greens Fork farmer Luke Bowman, public relations coordinator for Indiana Farm Bureau in Wayne and Fayette counties. Read more

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INDIANAPOLIS — A bill amended to save property taxpayers millions of dollars in Lake and St. Joseph counties has been tabled in the General Assembly. Read more

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— Numerous mayors, teachers, farmers, firefighters and business executives aren't happy with the idea of writing property tax caps into Indiana's Constitution. Read more

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INDIANAPOLIS (AP) — The leader of the Indiana Senate has promised swift action in the Republican-ruled chamber on legislation dealing with property tax caps and unemployment insurance premiums when the General Assembly reconvenes Tuesday. Read more
 
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INDIANAPOLIS - Bills aimed at placing caps on property tax bills to the state constitution are now before both chambers of the Indiana General Assembly, days before it convenes on Jan. 5.

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