From the Shelbyville News:
The state released Shelby County's budget order Monday, which has implications for both taxpayers and local government.
The budget order from the Indiana Department of Local Government Finance has two purposes. One, taxing entities -- such as Shelbyville, Morristown, Fairland and Shelby County -- now know for sure what the state will allow in terms of their budgets. Two, it gives the rate for property tax to be paid by homeowners this year.
Shelbyville's city government will receive the money they planned for at the end of 2012, avoiding the rocky financial start of last year.
"Everything turned out exactly what we'd hoped it would," Clerk-Treasurer Frank Zerr said. "We're happy with it."
The county government, too, said it was a smooth start to the year. Auditor Amy Glackman said the county's budget is looking OK.
She also said property taxes are still on track to be due May 10.
"I'm working on my abstract that I have to send off to the state," Glackman said.
The abstract double-checks the state's tax rate numbers. After the abstract is returned, property tax bills are sent off to be printed.
The state did not make any major increases or decreases in the county taxing district's rates.
The majority of those in Shelbyville's city limits will see an increase in the tax rate this year from 2.5408 to 2.6335 -- an increase of just more than 9 cents per every $100 of assessed value.
A $50,000 home, assuming to no deductions and no change in value from last year, will owe about $45 more than last year. The first installment, $22.50 more than the previous year, would be due May 10.
The town of Morristown's rate went from 1.8493 last year to 1.7606 this year. That's a decrease of almost 9 cents per $100 of assessed value.
Shelby County property owners were subject to a reassessment completed last year. The county's assessed value fell from $2.99 billion in 2012 to $2.89 billion, which could have had an impact on some tax rates. The lower the total assessed value, the higher the tax rate to make up for the potential loss in revenue.
Individual taxpayers can find out what they owe by: visiting or calling the Shelby County Auditor's Office at 407 S. Harrison St. or (317) 392-6310; or going online to http://auditor.shelbycounty73.us/ and clicking on "Property Tax Information" on the left side of the screen.
http://www.shelbynews.com/articles/2013/03/13/news/doc513f989190227955007867.txt
