Could Land-Only Taxation Save Local Government in Indiana?

LOCAL GOVERNMENT in Indiana REFORM

Disclaimer: The conclusions contained within this report reflect those of the authors, and not necessarily those of Ball State University or its governing body.

Fiscal Centralization of Indiana State and Local Government

Indiana Land Values Increase

A year ago, a majority of the Purdue land values survey respondents felt land values were at or near their low point. Apparently they were correct. The USDA reported that Indiana land values increased 6 percent in the year ending February I. The Federal Reserve Bank of Chicago has reported quarterly gains in land values for several quarters. A majority of farmers poned at Extension meetings las...

Indiana Land Values Steady

The sharp decline in Indiana farmland values is about over. That's the conclusion of a majority of Purdue land values survey respondents who answered a question on when and at what level land values will "bottom out." Fifty-eight percent of those who responded to the question believe that the low point in land values will be 95 to 100 percent of mid-1987 values. An additional 25 percent felt th...

Indiana Land Values Decline

T he 1999 Purdue Land Values Survey indicates that the value of an acre of average bare Indiana cropland was $2,092 per acre in June 1999. This was $63 less than the value reported in June 1998, a 2.9 percent decrease. This decline ends 11 consecutive years of increasing values. Cash rents declined from 1998 to 1999 on average land by a little less than two percent to $110 per acre. This is the...