Counties with delayed tax cap impact feel effects
http://www.miamiherald.com/2014/08/09/4277133/counties-with-delayed-tax-cap.html
Counties with delayed tax cap impact feel effects
Posted on Saturday, 08.09.14
By AMANDA GRAY
South Bend Tribune
SOUTH BEND, Ind. -- The general concept of property tax caps may sound simple: To limit the cost to property owners, property taxes can be no more than a fixed percentage of the property's assessed value.
But the impact to communities and property owners like taxes themselves is anything but simple.
~snip~
"The property tax caps are delivering the intended outcome of providing stability and predictability to taxpayers while also contributing to the overall positive tax climate in Indiana," he told the South Bend Tribune (
http://bit.ly/UL61Sc ) in an email.
There was, and still is, some backlash from local government leaders because they say the reform falls short of supporting their efforts to provide the services their taxpayers need.