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Council warns budgets may shrink as Indiana tax-reform bills advance in legislature
Summary
Council members cautioned that pending tax-reform legislation at the Indiana Statehouse could cut county property-tax revenue and urged caution in department budget planning until the session adjourns.
A council member warned attendees that proposed tax-reform measures in the Indiana legislature — including Senate Bill 1 and elements of a now-dead House Bill 1402 — could reduce county property-tax revenues and materially affect the county’s budget.
The speaker said House Bill 1402 had died but that elements of it were being folded into Senate Bill 1; the council’s leadership said the county stands to…
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