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By the late 1990s, Indiana property tax rates had begun to increase dramatically, largely due to increased school funding by school boards. In 2002 the average property tax assessment in the state was 8.82%, with some areas in excess of 10% leading to calls for property tax reform. [ 7 ]
Property taxes remained a major source of government revenue below the state level. Hard times during the Great Depression led to high delinquency rates and reduced property tax revenues. [68] Also during the 1900s, many jurisdictions began exempting certain property from taxes. Many jurisdictions exempted homes of war veterans.
The largest county is Allen (657 sq. mi., 1,702 km 2) and the smallest is Ohio (86 sq. mi., 223 km 2). [3] According to the Constitution of Indiana, no county may be created of less than 400 square miles (1,000 km 2), nor may any county smaller than this be further reduced in size, which precludes any new counties. [4]
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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. [5] [6] Board of Commissioners: The executive body of the county is made of a board of commissioners. The commissioners are elected county-wide, in staggered terms, and ...
Fairbanks Township is one of nine townships in Sullivan County, Indiana, United States. As of the 2020 census , its population was 721 and it contained 318 housing units. [ 1 ]
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. [7] [8]
Henry County is a county located in east central Indiana, United States. As of 2020, the population was 48,914. [ 1 ] The county seat and largest and only city is New Castle . [ 2 ]
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