property taxes

A panel of tax experts hosted by the Indiana Fiscal Policy Institute and Prosperity Indiana recently spoke to community organizations, lobbyists and lawmakers.

From 2022 to 2023, the base tax rate rose 16 percent. This year, it went up nearly 27 percent. And next year, it’s estimated to increase by another 20 percent.

Delegates discussed issues including water rights, property taxes, renewable energy, land use, and rural broadband.

The current Indiana Constitution caps property taxes for homeowners at 1 percent of the assessed value of the property. Rainwater’s proposal would cap them at 1 percent of the purchase price.

Join us this Friday as we will talk with guests about the proposed referendum and the upcoming vote.

Budget's architect said it’s unfair for some school districts to take in thousands in per student funds from local property levies, while other schools have far less support.