Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Property»Indiana property tax reform can’t come at local government’s expense
    Property

    Indiana property tax reform can’t come at local government’s expense

    August 13, 20244 Mins Read


    Aaron Smith
     |  Indianapolis Star

    play

    Republican Senator Mike Braun of Indiana running for Governor in 2024

    2024 gubernatorial candidate Sen. Mike Braun (R-IN) says his experience in business and legislature will help him govern, but Hoosiers will set the agenda.

    For 20 years, Republicans have led our state well. We’ve built roads and bridges, kept our neighborhoods safe, and protected the right to life. As the party of purpose, we’ve consistently pushed to ensure that every Hoosier can pursue the American Dream.

    As we look to Indiana’s next chapter, there are several issues worthy of reform, property taxes being one of them. It’s a crucial conversation that has the opportunity to simultaneously ease the burden on property owners, invigorate the free market and equip communities of all sizes with the resources to thrive — if tackled the right way.

    Hicks: People prefer living where property taxes are high

    Unlike the federal government’s reckless spending priorities, municipalities like Noblesville operate under strict fiscal discipline. We first set aside a portion of our annual revenues for our rainy day fund, ensuring we’re prepared for unforeseen challenges. Next, we dedicate 51% of our budget to public safety, recognizing that secure communities are the bedrock of thriving cities. Only then do we allocate the remaining funds to other critical initiatives, such as the long-anticipated Pleasant Street extension. These big-ticket items are vital investments in our city’s growth, safety, and long-term prosperity.

    It’s not just major projects that shape our community, though. Smaller initiatives also yield long-term benefits. This year, we’ve allocated $200,000 to start rehabilitating a brick street downtown and $290,000 for sidewalk repairs. While these are certainly large dollar figures to any family or business, they are a drop in the bucket for a city that is home to 77,000 residents, whose homes are built along 313 miles of road, in a community that collectively spans more than 37 square miles.

    The truth is, like every municipality in Indiana, Noblesville competes in a marketplace. But we’re not just vying with neighboring cities; we’re up against Dublin, Ohio; Franklin, Tennessee; and Davidson, North Carolina. In a hybrid work environment where a growing number of people can choose to live anywhere, we must ensure Indiana is the top pick — not just for its favorable tax climate, but for its vibrant and safe communities.

    I’m concerned that some reform proposals, while ambitious, will risk hamstringing communities from adequately investing in public safety and infrastructure improvements in the future.

    One idea suggests flattening and reducing the process entirely — a potential hazard for small communities relying on consistent revenue for essential services and infrastructure.

    Another caps revenue from specific groups of Hoosiers. While I am all in to have a conversation around reform, and would personally benefit from both programs, I’m not sure either are the best way to ensure our communities remain vibrant and the tax burden is eased.

    True reform demands difficult conversations between local officials and Statehouse leaders. It requires a critical examination of our priorities as communities and as a state. It calls for deeper civic engagement, with citizens actively participating in local government decisions and budget discussions.

    Let there be tax reform, indeed. But let it be thoughtful and focused on building stronger communities — not just quick fixes that shine on campaign literature.

    As Republicans, we have the opportunity to craft a solution that reflects our values of fiscal responsibility, local empowerment, and community investment. Let’s seize this moment to reinforce Indiana’s position as a beacon of conservative governance and economic vitality — for all.

    Aaron Smith is a member of the Noblesville City Council and served as the body’s president in 2023.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    One of UK’s ‘poshest suburbs’ where you can buy a property for £160k | UK | News

    Property

    The UK’s ‘best’ seaside town to move to in 2025 with properties on sale for just £70k | UK | News

    Property

    Can you still make money from UK property?

    Property

    Public Property Invest Asa acquiert deux propriétés adjacentes dédiées aux soins de santé et aux services communautaires en Finlande

    Property

    Lead Real Estate Co., Ltd annonce la vente d’une maison individuelle en projet, REAL PRO SERIES Ookayama à Tokyo

    Property

    Mortgage Advice Bureau reports 67% of borrowers who’ve purchased a property in the last twelve months were FTBs

    Property
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    McPhy Energy : Déclaration du nombre total des droits de vote et du nombre d’actions au 28 février 2025

    Cryptocurrency

    Floki Becomes Official Cryptocurrency Partner of Nottingham Forest F.C.

    Property

    Yorkshire-based LCF Law explains how charities can unlock potential legal support for property transactions

    Editors Picks

    Le bureau du contrôleur de la ville de New York soumet des propositions d’actionnaires à Alliant Energy Corporation

    April 1, 2025

    US Masters Residential Property Fund annonce une perte d’exploitation pour le trimestre de mars alors que la vente de son portefeuille se poursuit

    May 13, 2025

    Aligning Your Roth IRA Investments With Your Racial Equity Values

    February 21, 2025

    Massive KSM copper-gold mine in NW BC deemed substantially started

    July 29, 2024
    What's Hot

    Week Ahead for FX, Bonds : Focus on China; ECB Likely to Cut Rates

    October 14, 2024

    Arkansans can’t afford proposed utility rate increase, lawmakers tell regulatory agency • Arkansas Advocate

    October 29, 2024

    S2 Resources Discovers Extensive Multi-Metal Anomalies

    July 11, 2024
    Our Picks

    Green retrofitting ‘can improve property values and rental yields for landlords’

    October 17, 2024

    FinTech innovation at the Italy Village in Singapore – News from Embassies

    October 25, 2024

    Increasing profitability through regenerative agriculture workshop comes to Mozingo

    July 15, 2024
    Weekly Top

    SEC Dismisses Lawsuit against Binance

    May 31, 2025

    Artemis Gold Inc. annonce l’ouverture officielle de la mine Blackwater

    May 31, 2025

    India’s Digital Payment Surge: Currency and Convenience

    May 31, 2025
    Editor's Pick

    FEMA funding myths spread after Hurricane Helene

    October 9, 2024

    Argentina’s Milei faces fraud charges over cryptocurrency promotion

    February 17, 2025

    RNC unveils 2024 platform embracing crypto, opposing Central Bank Digital Currencies

    July 12, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.