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Resident urges committee to review property-assessment trends and levy growth
Summary
During public comment, resident Kevin Keough asked the fiscal committee to commission a five-year comparison of assessed value growth by property class and to examine levy growth alongside general-fund spending, arguing those trends can shift tax burdens and affect housing affordability.
Kevin Keough, a resident who addressed the committee during public comment, asked the fiscal committee to analyze five-year assessed-value growth by property class — including commercial, large multifamily, student housing and small residential parcels — and to review levy growth alongside general-fund expenditure and fund-balance trends.
Keough framed the request as a transparency and equity issue: "Indiana's constitution requires a uniform and equal system of property assessment and taxation," he told the committee, adding that Indiana code requires assessments to reflect market value "using objectively verifiable data." He warned that if assessment adjustments or trending factors produce materially higher assessed values for modest single-family or small multifamily housing, the resulting levy-driven revenue changes could place disproportionate pressure on naturally occurring affordable housing.
Keough asked the committee to request: a five-year assessed-value growth comparison by property class; a review of levy growth together with general-fund expenditures and fund-balance trends; and a public presentation in the 2027 calendar year explaining redistribution within the levy-driven system. The committee chair acknowledged the request and thanked Keough for sticking to the three-minute time limit.
