Shaffer: new tax rate in Carmel is “unwelcome”

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Dear Editor:

Despite inflation and high taxes, a majority of Carmel voters last week added 21 percent to their property tax rate.

Approved was a school referendum that added 24 cents per $100 of assessed property value to a maximum of 42.74 cents.

The existing property tax rate is 2.0167.

The new rate will be 2.4441; or 21 percent higher.

A generous move for some and an unwelcome surprise for those on fixed income.

Bill Shaffer
Carmel

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