From the Northwest Indiana Times:
Lake County remains the home of the highest tax rates in the state.
Residents and property owners of Gary and East Chicago can expect to be taxed at the rate of $5.80 per $100 assessed value. Much of Gary remains at $6 per $100 assessed value or higher.
That is well above the median tax rate for the entire state, which was $1.88 per $100 assessed value last year, according to the Indiana Department of Local Government Finance website.
The city officials can be cheered by the fact their stratospheric tax rates declined from last year.
Most of Gary dropped 3 percent and East Chicago saw a 12 percent drop in its citywide property tax rate.
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See the full article here:
http://www.nwitimes.com/news/local/lake/gary/gary-and-east-chicago-s-declining-tax-rates-still-tower/article_4d54bb29-75b8-552e-b685-83b2824a5852.html
