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Friday, May 04, 2007

Gazette Corner: Property taxes headed higher; Cap limit doubled in proposed budget---

Looks like this proposal will be settled in a conference committee between the House and Senate. Stay tuned.

This item should be good news for small cities such as Evansville faced with slowing new home construction that has provided a lower amount of possible tax due to new increased valuation on new investment....at least that is what I understood from the discussion of Ms. Petruzello and Eric Jepperson after the last budget was prepared.

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