Four reasons your Indiana Property Taxes are Higher
The Marion County Treasurer’s Office says there are four major reasons why you may be paying more this time. One is the assessed value of your property is higher. Another is that the old business inventory tax has now been shifted onto property owners. The third reason is that the county owes $48 million this year on the state child welfare program and finally, the state tax credit dropped from 28 percent to 20 percent.