Center for Business and Economic Research - Ball State University

Local Government Responses to Property Tax Rate Caps: An Analysis of Indiana Municipal Governments

Local Government Responses to Property Tax Rate Caps: An Analysis of Indiana Municipal Governments

Published December 6, 2019

This policy brief investigates local government responses to revenue decreases caused by property tax rate caps. Using data on 28 municipal governments in Indiana, we examine the extent to which they utilize two policy options available for managing declining revenues. We find that Indiana municipalities did engage in strategies to reduce budgets and employment and also increase revenue since the implementation of tax rate caps.

Produced in partnership with the Bowen Center for Public Affairs at Ball State University.

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Tags: indiana, government, housing and real estate, taxes

Authors: Dagney Faulk, Charles D. Taylor, Pamela Schaal