Lebanon Reporter

Local News

January 24, 2013

Lebanon school tax rate drops

School tax rates are lower this year for residents living within the borders of the Lebanon Community School Corporation, Business Manager Charles Tait shared with the school board and the public at Tuesday’s meeting.

The tax rate went down eight cents this year. The total tax rate for 2013 is $.97 per $100 of assessed valuation, down from $1.05 last year.

“This is very good news for our taxpayers — the school corporation is in great financial shape,” Tait said. “It is very favorable.”

Part of this good news is due to the increase in the city’s assessed valuation, such as the value of homes, businesses and farm properties within the corporation limits. That allows the corporation to raise the same dollar amount with a lower tax rate.

“That clearly has a positive impact,” said LCSC Superintendent Dr. Robert Taylor. “Because of our fortunate location on the interstate and between Lafayette and Indianapolis, it appears Lebanon has a nice draw to businesses that will continue to allow us to have the lowest tax rate I have ever experienced ... .”

The Lebanon Reporter offers an interactive eEdition. Sign up to read the full version of stories anytime, anywhere.

Text Only
Local News

Featured items
Twitter Updates
Follow us on twitter
AP Video
SKorea Ferry Toll Hits 156, Search Gets Tougher Video Shows Possible Syrian Gas Attack Cubs Superfans Celebrate Wrigley's 100th Raw: Cattle Truck Overturns in Texas Admirers Flock to Dole During Kansas Homecoming Raw: Erupting Volcanoes in Guatemala and Peru Alibaba IPO Could Be Largest Ever for Tech Firm FBI Joining Probe of Suburban NY 'Swatting' Call U.S. Paratroopers in Poland, Amid Ukraine Crisis US Reviews Clemency for Certain Inmates Raw: Violence Erupts in Rio Near Olympic Venue Raw: Deadly Bombing in Egypt Raw: What's Inside a Commercial Jet Wheel Well Raw: Obama Arrives in Japan for State Visit Raw: Anti-Obama Activists Fight Manila Police Motels Near Disney Fighting Homeless Problem Michigan Man Sees Thanks to 'bionic Eye' S.C. Man Apologizes for Naked Walk in Wal-Mart Chief Mate: Crew Told to Escape After Passengers

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide