Property Taxes

Indiana does not have statewide initiatives or referenda. But the legislature there, in an effort to put downward pressure on property taxes, passed a new requirement in March: that a local referendum be conducted on large-scale construction. The referendum is required on K-8 school construction of $10 million or more, high school construction of $20 million or more, and all other public projects of $12 million or more. The referenda have begun, and the Journal Gazette, the paper in Ft. Wayne, takes a thorough look at the change.