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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 collects an additional income tax for the 92 counties. Local governments are funded by a property tax that is the sum of rates set by local boards, but the total rate must be ...
Unigov is the colloquial name adopted by the city of Indianapolis, Indiana, to describe its consolidated city–county government. [2] By an act of the Indiana General Assembly, Indianapolis consolidated with the government of Marion County in 1970. Within Unigov are eleven "included towns".
The City-County Council passed the Mile Square tax on property owners, called an "economic enhancement district," at its final meeting of 2023, to help pay for improvements, security and homeless ...
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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Mitch Daniels. Mitchell Elias Daniels Jr. (born April 7, 1949) is an American academic administrator, businessman, author, and retired politician who served as the 49th governor of Indiana from 2005 to 2013. A Republican, he later served as president of Purdue University from 2013 until the end of 2022. Daniels began his career as an assistant ...
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t. e. Median household income and taxes. Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. [1] This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio ...