The Wawascene was created by Dr. Mark Stock, former Superintendent of the Wawasee Community School Corporation. Due to its local popularity, Dr. Stock has left the blog site to future Wawasee administrators.

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Wednesday, February 08, 2006

Property tax relief to fail?

The Indy Star says here in this article that property tax relief is likely to fail because no one can agree on how to do it.

My opinion? They should have raised the state sales tax 2 cents instead of 1 cent back a few years ago. The deficit likely wouldn't have happened or it wouldn't have been so severe. Some of the draconian cuts and changes that have happened since then would not have been such an issue. Indiana still has a lower sales tax then some states even with the past increase.

But...the state legislature has shifted funding responsibilities to the local property tax owner to rescue state budget woes. Now they are being pressured to create funding streams to relieve property tax increases and they can't agree on how to do it - especially in an election year.

Yet many patrons are not aware of the fact that most of the local property tax rate for schools is controlled by the state legislature through the funding formula - not your local school boards.

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