2019 Sellersburg Budget

2019 Sellersburg Budget

Sellersburg controls a maximum budget of around $3.5 million per year. This amount is collected by the property tax levy and miscellaneous fees (such as the trash/sanitation charges.) Here’s a link to our 2019 approved budget and allocations: http://martinawebster.com/wp-content/uploads/2019/05/2019ApprovedBudget.pdfEvery year since I have been on the council, I have requested budget sessions with department heads. We go line by line every year!Our town has a relatively small budget for our population! Out of the $3.5 million we budget each year, $1.65 …

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Explaining the Indiana political machine at a local level

Explaining the Indiana political machine at a local level

Disclaimer: I wrote this in 2012!

Note, the filing deadline has passed to file for this position as a Republican in 2016.

 

Given the anger that a lot of voters have with what’s going on in our political world, I decided to write this to help, Hoosiers in particular, figure out where to start.

The smallest local office for which one can run is called a precinct committeeman/woman. The physical location of where you go to vote is your precinct (aka polling location). Each precinct has a set …

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Regional Cities Initiative – Regional Development Authority

Regional Cities Initiative – Regional Development Authority

Let’s discuss the new thing that came down from the state this legislative session.

Let me start by giving the legislature (especially the House) some credit. They did not want to fund this thing, but it was one of the governor’s pet projects that he wanted to get through. First, they revised the RDA statute to make it more municipal friendly. Second, they did not want to fund it, but agreed with a compromise with the governor on using tax amnesty funds. …

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Real Estate Taxes by State

Real Estate Taxes by State

When comparing residential tax bills across states it is important to consider government finances. Property taxes may represent 40.3% of state and local tax receipts but some states rely less heavily on property taxes as a source of revenue than others.
http://eyeonhousing.org/2014/10/real-estate-taxes-by-state-2013/

Indiana ranks all the way down in place #42 out of 50 states for our real estate tax burden.

But when you include income taxes, Indiana jumps to #28.

Why is this important? Because as I discussed in a previous post, What Difference Does it …

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Certified to help you!

Certified to help you!

You should have gotten your Form 11’s from the assessor’s office last month. The deadline to file an appeal on your assessment for next years taxes is MONDAY AUGUST 4th, 2014.

Contact me if you’d like help on your appeal.

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Income taxes versus property taxes

Income taxes versus property taxes

As promised in a previous post, “Taxes, taxes, taxes”, I mentioned doing some math on income taxes versus property taxes. Here is that follow-up!

TIFs work similar to abatements in that they pull property taxes from the general essential services funds. One difference is the time frame: TIFs=20-30 years, abatements are usually for 10. Abatements are typically partial and not a full forgiveness of the tax burden. The main difference between the two though is that in a TIF property taxes are …

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Taxes, taxes, taxes – what difference does it make?

Taxes, taxes, taxes – what difference does it make?

There are various forms of taxing the public but the three most common are property taxes, income taxes, and user fees/taxes.

What makes them different and why should we care?

Property taxes are designed to fund local government. The idea behind them is that those who live in the area use the essential services those property taxes fund. For example if your property is in West Clark School District, a portion of your property taxes will go to support that school district. Property taxes …

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Property tax distribution comparison

Property tax distribution comparison

I did some research on how Clark County compares to other counties in Indiana with a similar number of parcels. First thing I noticed is that our assessor’s office budget is already running very lean. Out of the 7 counties I compared, Clark’s assessment budget is in the bottom half.

How does Clark compare with the distributions of property tax dollars? Instead of the county essential services getting a higher portion – our municipalities get triple plus they get their TIF …

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How is the value of my property determined?

How is the value of my property determined?

From the DLGF (Department of Local Government Finance):

Thankfully in Indiana assessment of property isn’t as confusing as it once was. Now, the amount of value that determines your property tax bill, also known as the assessment, should reflect the market value of your property. This market value is based on your current use, not on highest or best use.

Just like other states, in Indiana properties are valued using mass appraisal techniques. With mass appraisal, your property is looked at in conjunction with other properties in …

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