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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.
LaPorte County [5] is a county located in the U.S. state of Indiana.As of 2020, the population was 112,417. [6] The county seat is the city of La Porte, [7] and the largest city is Michigan City.
This trend led to the introduction of alternatives to the property tax (such as income and sales taxes) at the state level. [16] Property taxes remained a major source of government revenue below the state level. Hard times during the Great Depression led to high delinquency rates and reduced property tax revenues. [68]
The hit to Michigan property tax bills has been staggering in recent years. The inflation rate adjustment for property taxes in Michigan was 3.3% in 2022 — less than a maximum 5% allowed but the ...
Michigan Township is one of twenty-one townships in LaPorte County, Indiana. As of the 2020 census, its population was 27,517 (slightly down from 27,522 at 2010 [ 4 ] ) and it contained 13,431 housing units.
Michigan Township is one of fourteen townships in Clinton County, Indiana. As of the 2020 census, its population was 1,585 (down from 1,649 at 2010 [ 4 ] ) and it contained 673 housing units. The township was named for the Michigan Road , an early thoroughfare through the area.
Income tax rate for the state of Indiana is 3.15% — Second-lowest (behind Ohio) in the IMOK (i.e., Illinois, Michigan, Ohio, Kentucky) border states quartet. All Indiana counties have a local ...
The average property tax rate is 0.56%, one of the lowest rates in the country. The average homeowner will pay around $1,707 - more than $1,000 less than the national average.