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2007 sources of Indiana's revenue. Taxes in Indiana are almost entirely authorized at the state level, although the revenue is used to fund both local and state level government. The state of Indiana's income comes from four primary tax areas. Most state level income is from a sales tax of 7% and a flat state income tax of 3.05%. The state also ...
The Indiana Code in book form. The Indiana Code is the code of laws for the U.S. state of Indiana. The contents are the codification of all the laws currently in effect within Indiana. With roots going back to the Northwest Ordinance of 1787, the laws of Indiana have been revised many times.
Map of the United States with Indiana highlighted. Indiana is a state located in the Midwestern United States. As of the 2021 census estimate, the state had 6,805,985 residents. There are 569 municipalities. Under Indiana law, a municipality must have a minimum of 2,000 people to incorporate as a city.
Classification of cities is according to the Indiana Code, differentiated primarily by population. Large cities are first class, medium cities are second class, and small cities are third class. An Indiana city has a mayor-council form of government, but a third-class city may appoint a city manager. The mayor, elected to a four-year term ...
The U.S. state of Indiana is divided into 1,008 townships in 92 counties. Each is administered by a township trustee . The population is from the 2010 census unless denoted otherwise.
The council members serve four-year terms. They are responsible for setting salaries, the annual budget, and special spending. The council also has limited authority to impose local taxes, in the form of an income and property tax that is subject to state level approval, excise taxes, and service taxes. [8] [9]
You can find a business’s MCC by searching for a specific issuer’s merchant category codes online, reviewing your processor or card statement or by calling the number on the back of your ...
In recent years, Franklin Township has seen a population explosion leading to a heavy reliance on residential property taxes in particular for funding of the Franklin Township Community Schools. Also, as the Indiana Property Tax caps have been phased in from 2008 to 2011, revenue for the schools in the township has dropped more than 19.8%. [8]
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