For Immediate Release
DLGF Officially Orders Reassessment in Posey County, Begins Process for Shelby County 14 Other Counties Pass Review
INDIANAPOLIS (Aug. 23, 2007) - The Department of Local Government Finance announced today it will order officials in Posey County to reassess commercial and industrial properties. The announcement comes after county officials and taxpayers provided input on the issue at an Aug. 13 public hearing.
"Posey County taxpayers made it clear they want to be assured their property tax bills are fair," said DLGF Commissioner Cheryl Musgrave. "Pairing the DLGF's analysis of the property assessments in Posey County with taxpayer input, we are convinced a reassessment is necessary."
Posey County residents will be asked to pay their 2006 property tax bills for 2007.
Posey County data shows that 97 percent of commercial property values, and 97 percent of industrial property values, went unchanged over a six-year period. Taxpayers in counties with high unchanged values in commercial and industrial properties have expressed concerns that they could be paying more than their fair share of property taxes.
Shelby County also to face reassessment, 14 others pass review
Musgrave also announced that DLGF will conduct a public hearing in Shelby County to determine if a reassessment will be ordered there. In Shelby County, more than 89 percent of commercial and approximately 71 percent of industrial property values went unchanged from 1999 to 2006. Likewise, more than 68 percent of residential property values went unchanged. The public hearing will be set for a date in early September 2007.
Bartholomew, Boone, Clarke, Daviess, Dearborn, Franklin, Lawrence, Marshall, Perry, Steuben, Vigo, Wayne, Wells and Whitley counties' assessments have passed review. Commissioner Musgrave said these counties have conducted assessments in accordance with state guidelines and will not be ordered to reassess.
Musgrave encouraged taxpayers in these counties to appeal their assessments if they feel they may be inaccurately valued, but felt overall that, "officials in these counties had demonstrated due diligence in conducting the original assessments," she said.
July 20 letter has impact
The DLGF intensified its efforts on July 20, 2007, to collect delinquent data from counties when it issued a letter to scores of counties throughout the state, urgently requiring their attention to missing data. To date, more than 95 percent of all data requested in the July letter has been provided to the DLGF.
"This data is critical for decision-making about the property tax issue now and going forward," said Commissioner Musgrave.
Audio of Commissioner Musgrave's media briefing today
Video of Commissioner Musgrave's media briefing today
Media Contact: Stephanie McFarland, (317) 234-3793, email@example.com
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