Hamilton County tax rate drops

Posted By: The Reporter May 12, 2021

Property taxes remain among lowest in Indiana

Property taxes for residents in the State of Indiana were due Monday. The good news for Hamilton County residents is that they will see their county tax rate decrease this year.

Alexander

“The county’s tax rate has either decreased or remained stable since 2014,” said Ken Alexander, a member of the Hamilton County Council, which has the exclusive power to fix the tax rate and impose the tax levy. “That’s not by accident, but rather by design.”

Residents should not confuse the tax rate with their tax amount however.

“If property assessments go up, you’ll see a higher tax bill,” said Mike Reuter, the county’s financial consultant. “But if your property assessment has gone up, that means the value of your property has increased and that is good news for the taxpayer.”

Hamilton County maintains one of the lowest tax rates in the state, and yet one of the strongest bond ratings.

Glynn

“That’s due in part to a strong tax base as well as conservative fiscal management,” said County Councilor Fred Glynn. “The county has been very deliberate about structuring its debt and managing the tax rate to avoid increases.”

If you have questions about property taxes, call the Treasurer’s Office at (317) 776-9620 and select Option 7.

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1 Comment on "Hamilton County tax rate drops"

  1. Frank | May 12, 2021 at 9:28 am |

    “But if your property assessment has gone up, that means the value of your property has increased and that is good news for the taxpayer.”
    Blanket statements rarely hold the truth Mr. Reuter.
    We once had an assessment notice that increased the assessed value by 100K according to the county’s ‘graded’ method.
    Presented our own appraisal & the county reduced the assessed value by that same 100K.
    The takeaway ; pay attention to those assessment notices & act if they don’t pass the smell test. .

    .

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