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Sellersburg officials warn Senate Bill 1 could force local rate increases to maintain services
Summary
Town officials at a budget workshop said Senate Bill 1’s property-tax changes are likely to reduce some local revenues and may require the Town of Sellersburg to find hundreds of thousands of dollars or raise local rates to maintain services such as police patrols and trash collection.
At a budget workshop, Town of Sellersburg officials warned that Senate Bill 1could reduce certain local revenue streams and likely will force the town to identify $250,000to $400,000 over a two-year period or raise local rates to cover services.
Town Council President (unnamed), speaking at the meeting, said the town historically has not pursued levy appeals and that will blunt the bills impact compared with neighboring communities that did file appeals. "We have historically not done levy appeals, which is going to work to our favor when the Senate bill hits," the president said.
Why it matters: officials said revenues that currently pay for items such as public-safety fuel and 911-related…
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