WHITLEY COUNTY â€” Area elected officials are anxiously waiting to hear how legislators at the Indiana Statehouse will respond to Gov. Mike Penceâ€™s plan to eliminate a certain tax.
Extinguishing Indianaâ€™s Business Personal Property Tax (BPPT) is one item on the agenda for lawmakers this session. The tax is placed on business equipment and machinery, and generates more than $3 million each year across the county and more than $1 billion annually for the state.
From the county
That loss of revenue has area leaders such as Whitley County Commissioner George Schrumpf concerned about making up the gap in revenue.
To read the rest of this story, see the Jan. 9 issue of The Post and Mail. Don't have a subscription? Call (260) 244-5153 or subscribe to our e-edition. For breaking news, sports updates and additional coverage, bookmark the homepage and find us on facebook and twitter.