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Tuesday, July 07 2009
 The City Council has scheduled a public hearing next Monday to discuss a resolution endorsing Mayor Jonathan Weinzapfel's request to establish the maximum 8 percent local homestead credit in 2010.
The hearing will begin at 5:25 p.m. in Room 301 of the Civic Center. The resolution was introduced to the council Monday on a first reading and will be voted on at their regular meeting next Monday.
Weinzapfel announced the request last week. The council must act quickly because state law requires the local homestead credit be passed by a "county income tax council," composed of city and county governing bodies, by Aug. 1 of the previous year.
"With this action today, I am following through with my promise to the people of Evansville to ask (the) City Council to reinstate the full local homestead tax credit for 2010," Weinzapfel said last week in a written statement. "We estimate that amount to be about $3.1 million (in the city) based on 2008 figures."
Weinzapfel became the focus of public anger last month when he acknowledged he hosted an unadvertised meeting of city and county officials of both major parties on April 1, 2008, at which they decided not to support renewal of the local homestead credit for 2009.
Because none of the officials disclosed the decision afterward, the roughly 46,000 residents to whom the local homestead credit gave more than $5.1 million in tax relief last year did not realize it had been discontinued until they saw the spring installment of this year's property tax bills.
 
Source: http://www.courierpress.com/news/2009/jul/07/homestead-credit-on-agenda-for-monday/
Posted by: Rolando Trentini AT 03:00 pm   |  Permalink   |  0 Comments  |  Email
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The Trentini Team
F.C. Tucker EMGE REALTORS®
7820 Eagle Crest Bvd., Suite 200
Evansville, IN 47715
Office: (812) 479-0801
Cell: (812) 499-9234
Email: Rolando@RolandoTrentini.com


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