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Local governments anxious about revenue losses from new property tax law
Summary by southernindianabusinessreport.com
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Local governments anxious about revenue losses from new property tax law
Carol Johnson, Southern Indiana Business Report The passage of Senate Enrolled Act 1 might have been good news for property tax payers who saw their tax bills surge in recent years, however, it is causing concern for municipal officials across Indiana as cities, counties and towns brace for a loss in revenue. Municipalities use a portion of those taxes to fund their budgets for services that range from fixing sidewalks to paying police officers’…
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