Finally, after a long year of property tax reforms proposed by Governor Daniels and passed by the legislature, then assessments (under the new trending market based system) and the elimination of most township assessors ... a lot of reform in one year. Property Tax Rates.
Rates are down and are bills will be capped going forward at the local level, at least under current law. There are rumors that Democrats want to revise this law in the upcoming session to help some Lake County municipalities.
From the Chesterton Tribune, who incidentally have done a marvelous job covering this story ... including catching an error in the DLGF rates released a day ago, and calling in the error in time for DLGF to correct and re-issue.
As expected, Porter County homeowners will get a break -- and for some, a pretty sizeable one at that -- on their final 2008 property tax bills.
The Indiana Department of Local Government Finance has re-issued the 2008 budget order for Porter County’s taxing units. The order finalizes this year’s budgets and sets the rates that county officials will use to issue this year’s final property tax bills, which are expected to go out by early December.
Tax rates are going down in most taxing districts. For example, the total rate for Chesterton in Westchester Township has been set at 2.57, compared to 2.59 last year.