Governor Offers More Suggestions for Property Tax Relief
Indiana Governor Mitch Daniels is offering more ideas to provide property tax relief for Hoosiers. In a letter to state lawmakers this morning the Governor is proposing “local circuit breakers” which would allow counties to use their share of the $300 million in tax relief to offset the increase in tax bills. In addition, Daniels is also suggesting turning the property tax rebate checks into credits applied to this month’s tax bills. The Governor also says he’s open to other ideas.
While the details still need looking at, this makes a lot more sense than floating $75 million worth of “payday” loans. Also, this will force local governments to control their own spending if they have to take in less money from the taxpayers and not get their grubby hands on the money now, while hard-working people would have to wait for a rebate.
The Governor has already offered other suggestions including giving counties more time to implement a local option income tax to offset the increase in property taxes. He has also ordered the Department of Local Government and Finance to review the assessments in Marion County and order a new one if necessary.
A hearing is scheduled on July 23rd at the statehouse to look at the property tax problem across the state
