Property Tax Hike Forecast: Even Worse

Indiana lawmakers' discussions of property tax reform options this year have been prompted largely by the specter of a looming 15 percent hike in statewide property taxes in the upcoming year. But a legislative report released on Tuesday suggests that the reality is even scarier. Instead of a 15 percent hike, the likely number is closer to 24.

Since the regular legislative session ends on Sunday, this could mean a special legislative session to deal with the impending property tax crisis. Stay tuned...