Wednesday, July 18, 2007

Fort Wayne The Governor is listening

Many property homeowners don't believe anything can be done about the unfair tax burden placed on them in this recent assessment. They are wrong, so says Governor Mitch Daniels. Gov. Daniels is placing a freeze on Marion tax back to the 2006 assessment. And the Gov. Daniels has other suggestion for local government. Extended by two months the deadline for counties to decide to use other available revenue tools to help them reduce local property taxes. Legislation enacted this year gives counties the authority to adopt local option income taxes. The August 1 deadline has been moved to October 1.
· Directed the Department of Local Government Finance (DLGF) to approve any county's application to permit homeowners to pay their property taxes in installments and to extend bill due dates.
· Directed the Indiana Bond Bank to facilitate short-term financing by local governments that need cash while awaiting installments.
But guess what, Fort Wayne is delaying the tax bill as a solution to the propblem.

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