Got some bad news this week. Indiana is a deep red state and they recently passed a MAGA style budget bill. The details are just starting to come out. It includes cuts to property tax and major cuts to all kinds of Grants. Our township of 300 houses is going to lose 40K from our annual budget. Town board says we can survive for another 2 years on our bank balance. After that we won't be able to meet our statutory obligations as a township and will be absorbed by Indianapolis.
Every township in Indiana is in the same hole, there are 578 of them. And townships don't have the right to impose their own property taxes to make up the difference. Shame because it would only take around $150 a year per house for us.
There's a glimmer of hope. The bill was thousands of pages and it was published at the last minute. The Pols weren't given time to read it or debate it. They voted for it without realising it would shut down all the townships in the State, and they are scrambling to find a fix. It would cost them way more than they would save by cutting the grants.
