Hamlet taxpayers may save some money next year due to the property tax cap, but the town’s budget will take a bit of a hit. During Wednesday’s public hearing on the 2020 budget, Clerk-Treasurer Kristina Pitts said that while the assessed valuation stayed the same, the amount of money that will actually make it to the town will go down.
Continue readingKnox Clerk-Treasurer Learns that the School’s Bond Will Not Have Negative Impact on Tax Caps
Knox Clerk-Treasurer Jeff Houston told city council members of a potential impact Knox Community School’s bond pursuance may have on the city’s budget.
At Tuesday’s meeting, Houston told members he was under the impression the school’s bond may affect the city’s circuit breaker tax caps but he wasn’t sure about how much of an impact it would have.
He explained that the Knox School Corporation has recently been going through a process similar to what the city did when they took on community center renovations where a bond is set up through a separate building corporation that then leases the building back to the entity. Continue reading
Purdue Extension to Host Local Government Finance Workshop
The Purdue Extension Community Development Program is hosting a local government finance workshop for economic development professionals, community leaders and local elected and appointed officials.
The workshop will be held at the Plymouth Public Library from 1p.m. until 3:30 p.m. on Friday, December 15th. It is geared toward community members from a number of counties including Marshall, Pulaski and Starke.
The program will dig deeper into data from our counties and the region in general. Presenters will also highlight how Indiana’s property tax system functions and provide information about how tax caps work. Continue reading
