This year brings a consolidation of Indiana's many local option income taxes into the newly named Local Income Tax (LIT). This tax structure promises a more simplified, transparent system where portions of the total rate can be adopted for property tax relief or local government expenditures. Meanwhile SEA 308 (2016) has changed the formula for farmland assessment once again. In 2016 DLGF certified the base rate at $1,960 an acre, a real decrease from the 2015 base rate of $2,050 per acre. Thi
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2016 Open Class Exhibit Hall Book

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