From the Northwest Indiana Times:
The East Chicago City Council has unanimously approved a resolution that expresses opposition to any state action that would reduce tax dollars for education.
The resolution indicates specific opposition to Senate Bill 1, which is pending in the Indiana General Assembly.
The bill would reduce the corporate income tax rate and exempt companies with less than $25,000 in taxable business equipment from the state's personal property tax.
"This has, of course, an impact not only on the city, but tremendously on the school systems because, literally, school systems have no other way of raising funds other than through taxation, either property or personal property taxation," council attorney Steve Bower said.
The resolution states the City Council believes there are already a sufficient number of existing tax and business benefits available to attract businesses to the state.
The resolution also directs the city clerk to send a copy of it to Gov. Mike Pence and all elected senators and representatives in Northwest Indiana.
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http://www.nwitimes.com/news/local/lake/east-chicago/e-c-council-opposes-cuts-in-tax-dollars-for-education/article_a972affb-8f8c-58e1-97c2-49cd00551c60.html
