Archive for August, 2007

Brian Bosma and Indianapolis Taxes

I just received a letter from Brian Bosma that discusses his concern for the property tax situation.  Here is the Republican 5 point plan that he supports.

  1. Convert the rebate check, which some have predicted will now be issued as late as February 2008, to a credit on the Fall 2007 installment of taxes.
  2. Extend the deadline for filing of the homestead credit for 2007 to September 15th of this year.
  3. Grant local counties the flexibility to apply the credit to those individuals and communities hardest hit by recent tax increases.
  4. Freeze child welfare levies in 2007, with the state picking up all levy increases for 2007 and following years, providing an additional 50 million in property tax cuts;and
  5. Appropriate an additional 100 million of state funds toward immediate residential property tax relief.

Here are the closing comments:  While these proposals are unique to the House Republican team, and while we unsuccessfully called for each of these measures during the 2007 session, we believe they are now ripe for discussion and immediate action.  Of course, permanent reform of our tax system including, in my view, the repeal of residential property taxes must be on our agenda for the next session of the legislature.

OK… so he says that it should be on the agenda.  Does that mean he supports it or not?  I also noticed that Teresa Lubbers was shown as being against property tax repeal.  Does anyone know where she stands on this?

I really like the comments given by Bill Styring on YouTube

Indianapolis Property Taxes - Home Sales

By looking at this article on Yahoo, the future does not look very good for Indianapolis home sales.   The article discusses how US home prices fell by 3.2 percent in the 2nd quarter of 2007.

What is the best thing lawmakers can do to twart this outcome?  REPEAL PROPERTY TAXES!!!  Since the Indianapolis tax hike of 2004, I believe my home value has gone down by 10 to 15 percent.  If the new tax structure is ever implemented, my home value will decrease by another 15 to 20 percent.  However, if we were to repeal property taxes, I truly believe that my home value would go back up to 2003 levels and possibly even exceed those values.

Please continue the fight to REPEAL INDIANA RESIDENTIAL PROPERTY TAXES!!!

Indianapolis Property Tax Budget Meetings

There are a number of budget hearings to be held throughout this month in room 260 of the City-County building, 200 E. Washington Street.  Here is a listing:

County Auditor, recorder, surveyor, administrator, treasurer and county commissioners: Starting on Tuesday, August 21st at 5pm.

County and township assesors: 5:40 on August 28th.

Sheriff and Police: 5:30 on August 29th.

The full listing of budget hearings can be found at www.indygov.org/council


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