Porter County/2016 tax rates from budget order.pdf
On Wednesday, the
Indiana Department of Local Government Finance issued Porter County’s 2016
budget order, containing the approved budgets, levies, and certified tax
rates for taxing units throughout the county.
Porter County was
the 14th of Indiana’s 92 counties to receive this year’s budget order. Some
highlights of this year’s budget order:
* Total tax
rates will decrease in most of Porter County’s taxing
districts. All districts within the Duneland area are reported to have lower
tax rates this year.
* The tax
rate to fund county government will drop from .4496 (44.96 cents per $100 of
assessed valuation) to .4394 (43.94 cents). This is the third year in a row
that the county government’s tax rate has declined.
* The budget
order reflects the two new tax rates approved through a voter referendum
last year for the Valparaiso Community School Corporation. The new operating
rate is .2042 (20.42 cents), and the new rate for the school construction
bond is .2387 (23.87 cents) .
* The county’s
homestead credit rate will fall from 9.0207 percent in 2015 to 8.6463
percent. The homestead credit helps reduce homeowner tax bills, so the lower
rate could result in less of a savings for homeowners.
* The budget
order also reflects the fact that Porter County has a new taxing district,
bringing the total to 30. The new taxing district resulted from an
annexation by the city of Valparaiso in Morgan Township.
Auditor Vicki Urbanik commended the DLGF for its prompt review of Porter
County’s budgets, noting that this year’s budget order was issued about a
month earlier than last year.
“With the tax rates
now certified, the auditor’s office can proceed with this year’s tax billing
work, which includes preparing the annual tax rate chart and calculating tax
bills,” Urbanik said.
The 2016 budget
order can be viewed online at
click on “County Specific Information.” The link to the Budget Status Map