Pulaski County residents will have the chance to weigh in on a couple of tax-related issues tonight. The county council will hold a public hearing on 2019 Local Income Tax distributions and the Property Tax Replacement Credit.
Pulaski County Commissioners Hire Fiscal Planning Consultant
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The Pulaski County Commissioners are moving ahead with a fiscal plan. They voted two-to-one Monday to hire Peters Municipal Consultants to put the plan together, with Jerry Locke voting in opposition. Of the two proposals the county received, Peters’ was apparently cheaper, with a maximum cost of $24,000, compared to Umbaugh and Associates’ cap of $35,000.
Pulaski County Council, Commissioners Hear Fiscal Planning Proposals
Pulaski County officials continue to consider hiring an outside consultant to help put together a fiscal plan for the county. The county council and commissioners heard presentations from two firms Monday, but no final action was taken by the commissioners. County officials have been looking at adjusting the county’s tax structure for over a year. It currently relies heavily on income taxes, which is expected to become an increasing problem as the county’s population continues to decline.
Pulaski County Council to Consider Hiring Outside Help with Adjusting Tax Structure
The Pulaski County Council is not likely to address issues with its local income tax structure in time to have an impact on the 2019 budget. A sudden drop in revenues from the “LIT Levy Freeze” tax was brought to the county council’s attention in September of 2017. In the months that followed, there were some discussions about working with an accounting firm to address the issues, but little progress was made.
Winamac Town Council Agrees to Attend Joint Meeting With Umbaugh and Other Local Officials
Officials in the town of Winamac agreed to attend a joint meeting with Umbaugh and other local officials to discuss issues with the local income tax (LIT).
When town council members met in a special session on Monday, Clerk-Treasurer Melanie Berger informed them that Pulaski County Public Library representatives recently met with Umbaugh Executive Partner Todd Samuelson to discuss the problem.
Berger said they expressed an interest in holding a meeting where town and county officials, as well as any other agencies impacted by LIT levy freeze, could receive additional information from Umbaugh. Continue reading
Pulaski County Commissioners Seeking Help with Financial Strategy
Declining Population Could Cost Pulaski County Millions in Lost Income Tax Revenue
Pulaski County stands to lose several million dollars in income tax revenues over the coming decades, due to declining population. That’s according to Community Development Commission Executive Director Nathan Origer. He presented some rough estimates to the county council last week. Continue reading
Pulaski County Council Considering Options, Following Income Tax Revenue Shortfalls
Pulaski County may be looking to state lawmakers to help make up a shortfall in local income tax revenues. The issue was brought to the attention of the county council last month, after Winamac officials noticed a sudden drop in the town’s share of Local Levy Freeze Income Tax funds. Pulaski County communities are now facing big holes in their 2018 budgets.
Income Tax Revenue Shortfalls Hitting Pulaski County Budgets
Pulaski County Council to Consider Employee Handbook Updates, Discuss LIT Levy Freeze
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