Around 100 people attended a virtual public hearing held by state regulators on Tuesday in response to a taxpayer challenge of the 2023 Lake County Land Order, which recorded significantly higher land values in Calumet Township and portends a significant increase in property taxes for the area.
Property taxes fund government services provided by counties, townships, municipalities, school districts and other local government bodies, and are based on the market value of a property as determined by an assessor’s office. In Indiana, properties are assessed every four years, with 25% of a county’s properties assessed each year.
“I worry that our our community will become very beige.” Though the land order’s assessed land values will result in property tax increases for Calumet Township residents, they will not necessarily rise by the same percentage as the base land values. The new tax liabilities of Calumet Township residents are not yet clear, as state regulators are still reviewing filings from local government entities that will inform those values.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Roar Forward Founder Talks Biohacking, 100 to 100, 'Re-imagineers'The 50 and older set has $8.3 trillion in spending power.
Baca lebih lajut »
China Protests U.S. Navy Spy Plane Flight Through Taiwan StraitChina has increased its military activity around Taiwan, sending over 100 jets across the strait recently.
Baca lebih lajut »
Gaza city clinic sees 100 percent rate of child admission in 24 hours: NGOHalf of Gaza's 2.3 million Palestinian population is under the age of 18 and already suffering from mental health challenges due to Israel's 16-year long blockade.
Baca lebih lajut »
Next Set to Buy FatFace in 100 Million Pounds DealThe brand spans across women’s, men’s, kids, footwear and accessories with more than 200 shops worldwide, the majority in the U.K.
Baca lebih lajut »
THR's 100 Greatest Film Books: See the Full List of 322 VotersJurors included, among others, filmmakers, actors and actresses, executives and authors.
Baca lebih lajut »
The 'forgotten' Aberdeen-educated man who helped discover insulinProf JJR Macleod was jointly awarded the Nobel Prize for Physiology or Medicine 100 years ago.
Baca lebih lajut »