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The largest property tax exemption is the exemption for registered non-profit organizations; all 50 states fully exempt these organizations from state and local property taxes with a 2009 study estimating the exemption's forgone tax revenues range from $17–32 billion per year. [53] Exemptions can be quite substantial.
What is property tax? Property tax is one of the many responsibilities -- and expenses -- that come with owning a home. Counties, municipalities and school districts are just a few of the taxing...
In 2002 the average property tax assessment in the state was 8.82%, with some areas in excess of 10% leading to calls for property tax reform. [7] Governor Mitch Daniels ran for office in 2004 advocating reform as part of his platform. During the subsequent legislative session, the General Assembly approved a 1% cap on property tax rates.
In the fall of 2014, University Library created a physical space for the IUPUI Arts and Humanities Institute in the Office of the Vice Chancellor for Research. [17] In 2017, University Library underwent its first major renovation of the third and fourth floor to create more space for seating, power outlets, and group study areas. [18]
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The Business/SPEA Library, formerly known as the Business/SPEA Information Commons, serves the research and study needs of faculty and students of Indiana University's Kelley School of Business and the School of Public and Environmental Affairs (SPEA). The Commons is a part of the Indiana University Libraries system and modeled on the ...
Indiana State University was established by the Indiana General Assembly on December 20, 1865, as the Indiana State Normal School in Terre Haute. Its location in Terre Haute was secured by a donation of $73,000 by Chauncey Rose .
Following the Great Recession and a successful state ballot measure to cap property taxes in 2008, the Indianapolis Public Library faced a budget shortfall of $4 million in 2010. [9] [10] After considering closing six branches, officials decided to reduce branch hours by 26 percent, layoff 37 employees, and increase fines. [7] [11] [12] [13]