Property taxes discussed

Local News

October 9, 2012

Property taxes discussed

Anonymous The Herald-Tribune The Batesville Herald Tribune Tue Oct 09, 2012, 01:28 PM EDT

-- — Larry DeBoer, Purdue University agricultural economics professor, will discuss “On Local Government: The 2012 Property Tax” Monday, Oct. 15, from 11 a.m.-1 p.m.

This free program will be delivered via video streaming and can be viewed from multiple locations across the state, including the Purdue Extension Franklin County office or a personal computer. Persons who register will receive the link.

All individuals involved in county and local government budgeting (county councils and commissioners, mayors and city councils, town boards, school boards, library boards and townships) are invited.

In 2012, for the first time in years, property tax rates, revenues and tax bills were not affected by statewide policy changes. The big 2008 tax reform was fully phased in by 2011. There were some statewide trends. The effects of the recession lingered in many counties, depressing assessed value growth. Taxes in rural counties were affected by a large increase in farmland assessed values. DeBoer will discuss the state of the Indiana property tax in 2012, and will look in particular at the Legislative Services Agency’s county-by-county property tax reports.

To register by noon Oct. 12: www.extension.purdue.edu/ecd/local, select Local Government Finance and Budgeting page and then click the register link; 765-647-3511; or ariffle@purdue.edu.