On April 16, the Indiana General Assembly heard the long-awaited revenue forecast update. "Up" is the right word.
Starting today, the Indiana General Assembly will craft a budget for the state that covers state services from July 1, 2013, through June 30, 2015, fiscal years 2014 and 2015.
Economics is not an experimental science. We can't say to Congress, "Honorable ladies and gentlemen, please drastically raise taxes and cut spending all at once so we can measure the effects on the economy of changes in the federal government's budget." This is not what elected officials do.
There's potential for chaos in Indiana local government in 2013. Indiana taxpayers can prevent this chaos. All we have to do is send in a form.
The assessed values of farmland for property taxes have been rising. Mostly this is because of increases in the "base rate" per acre of farmland. But now, another element of the assessment calculation, the "soil productivity factors," might rise as well.
Each month the federal Bureau of Labor Statistics releases new data on the unemployment rate. January numbers were released on Feb. 3; excitement ensued. The unemployment rate dropped two-tenths of a point, to 8.3 percent. That's down from 9 percent in September. Perhaps the recovery is fina…
I have attended the last two board meetings held by the Valparaiso Community School Board. As a parent of two children who attend Valparaiso schools, as a former Valparaiso administrator, and as a current school superintendent, I feel there has been way too much finger-pointing and too littl…
Just in time for Christmas, or the holiday of your choice, Indiana's Department of Local Government Finance has released its new Gateway data site. It contains a virtual ton of budget and tax information about counties, cities, towns and other local governments. You can see it at https://gat…
The biggest threat to our economy these days comes from Europe. The Greek government borrowed a lot of money that it cannot repay. If Greece defaults the resulting financial crisis could plunge the world back into recession.
What's wrong with the recovery? It's been almost two years since the end of the Great Recession in July 2009. The recession ended in the sense that the economy stopped declining and started growing. But growth has been very slow.
Indiana caps property taxes for taxpayers, at 1 percent of gross assessed value for homesteads, 2 percent for other residential property and farmland, and 3 percent for everything else. The results of this simple system turn out to be pretty complicated, but there are rules of thumb that mak…
CROWN POINT | Schools and local governments across Northwest Indiana can expect a grim future of more budget cuts from a recession that keeps on depressing.
Local government officials listen Tuesday to a remote video presentation by Purdue University economist Larry DeBoer, an expert on local government finance. His sobering presentation on the financial challenges ahead was broadcast via the Internet at the Purdue Extension campus in Crown Point.
CROWN POINT | Purdue University economics professor Larry DeBoer will look into how Indiana's local government officials will make ends meet in an era of smaller budgets because of lower property taxes and other revenue sources depressed by the economic downturn.
Larry DeBoer is professor of agricultural economics at Purdue University.
My colleagues in the Department of Agricultural Economics at Purdue tell me this is a good time to be a farmer. Corn and bean prices are high, incomes are up and land values are rising. But into every life a little rain must fall, and every silver lining has a cloud. The very factors that ar…
Indiana had 18 school referendums in the November election. Six passed; 12 were defeated. Why were there so many referendums? And what explains the results?
Follow The Times
We have many styles to choose from.
Call now and SAVE $60.00 on an 8 pack of Boot Camp Workouts. …
Time for teeth cleaning and whitening? Let us take care of you!
See our website, www.steinerhomesltd.com for more details. (21…
Get the dazzling white smile you’ve always wanted. Call Today…
Should Indiana go forward with implementation of the Common Core standards?
- LIVE: RailCats morning game vs. WichitaMay 22, 2013 10:45 am
- LIVE: RailCats vs. Wingnuts in first early game of the seasonMay 21, 2013 10:45 am
- PREP BASEBALL: Roosevelt forfeits sectional game before postseason beginsMay 21, 2013 8:36 am
- FIRST PITCH: Opening day, Michelle FieldsMay 16, 2013 7:30 pm