Everyone knew there would be issues, but it appears that the concern in many communities and in the Statehouse regarding 2007 property tax bills is peaking. Baker & Daniels is monitoring the issues and already helping our municipal clients with many aspects of this crisis including:
- Property tax, income tax, and finance advice for local governments and schools faced with the crisis
- HEA 1478 analysis and implementation for Local Option Income Tax
- Municipal litigation defense involving trending/reassessment of residential and commercial property
- Legislative advice regarding the 2008 session and the potential for a special session this year
Watch for additional information in managing the property tax crisis.