Indiana Township officials lower the tax rate for 2013
Indiana Township joins other communities that have lowered the property tax rate for 2013.
The township's millage rate was set at 2.71 mils, down from the 2012 level of 3.25 mills.
The new millage means the tax rate is $271 for every $100,000 of property value.
The 2.71 mills is divided with 2.3 mills going to the general budget, which is balanced at $4,664,196. This is a reduction of almost 4 percent from 2012's budget.
The other .41 mills will go to emergency services and fire protection.
The fund is divided among the three fire departments in the township: Middle Road, Dorseyville and Rural Ridge. In 2012, the .5 mill earmarked for emergency services was budgeted to raise about $250,000.
Township manager Daniel Anderson said the goal is to keep that support constant for 2013.
For residents, that means out of the $271 per $100,000 assessed value, emergency services gets $41.
The township budget was adopted in December but the millage rate for real estate taxes was not set until the reorganization meeting on Jan. 7 because the information from the county reassessments was not sent out to the township until the last week of December.
Anderson said township officials project appeals of last year's reassessments could cause a $2 million swing in property values.
Setting this year's rate was working with a “moving target,” Anderson said, and officials didn't want the township to “end short.”
On the opposite side, municipalities are restricted by state legislation from “windfall profits” because of countywide property reassessment.
“Planning for the future” is key, Mayor Darrin Krally said.
The supervisors elected Krally mayor at the January meeting. Krally, who was mayor in 2010, doesn't foresee a change in the board's priories.
“Indiana is set. We're a nice community. We want to keep taxes down and services up,” Krally said.
Deputy mayor this year will be Paul Jorgensen, who is in his first term on the board.
Sharon Drake is a freelance writer with Trib Total Media.