The Starke County Council will vote to reestablish a couple of tax rates when they meet in a few weeks. The cumulative bridge and cumulative capital development funds have both dropped off and need to have rates set again. Continue reading
North Judson residents may soon see a bit of a tax increase. The town council is working with accounting firm Umbaugh and Associates to reestablish a cumulative capital development fund. Continue reading
Knox residents will soon see a slight increase in their tax bills after the city council voted last week to reestablish a cumulative capital development fund. Clerk-Treasurer Jeff Houston explained the city collected such a tax until recently. The rate goes down over time and is at zero again, so the fund had to be reestablished. Continue reading
Knox residents will have an opportunity to weigh in on a proposed tax increase tonight before the city council takes final action. Continue reading
The Hamlet Town Board voted unanimously last night to establish a cumulative capital development fund for municipal use. It will levy a maximum tax of $.05 per $100 of assessed valuation on property within the town limits. Continue reading
The Town of Hamlet voted to renew its Cumulative Capital Development Fund at a special meeting at the Town Hall last night with only two members of the Town Board present. Frank Lonigro Jr. did not attend. Continue reading
The Hamlet Town Board will consider the reestablishment of a cumulative capital development fund during a special-called meeting this evening. All real and personal property in the taxing district would be assessed an additional $0.05 per $100 of assessed valulation, payable starting in 2016. Continue reading
The hearing to re-establish the Town of Hamlet’s Cumulative Capital Development Fund, originally scheduled for last night’s regular Board meeting, was postponed to a special meeting Monday, June 15th. The postponement was necessary due to an error in the published notice of the hearing.
The fund has been an ongoing levy, but needs to be re-established every three years by the Town Board. Continue reading
The Hamlet Town Board is expected to consider the re-establishment of a Cumulative Capital Development Fund when it meets tonight. The tax will be levied on all taxable real and personal property in the taxing district and will not exceed $0.05 per $100 of assessed valuation payable in 2016 through 2018. Continue reading
The Starke County Commissioners voted unanimously this week to reestablish two funds that were somehow discontinued by the state. Monday’s action on the cumulative capital development and cumulative bridge funds will allow the county to keep more of the property tax money it collects and spend money that is currently set aside.
The Knox City Council will be holding a public hearing tonight in regards to re-establishing the cumulative capital development fund for the city. Clerk-Treasurer Jeff Houston explained that the council would like to re-establish that fund because over time the levy – that is, the amount of money raised from taxes – goes up, while the percentage of funds going toward the cumulative capital fund goes down.
