Greensburg Daily News, Greensburg, IN

News

July 9, 2013

Herbert: Controversy over tax increase based on misunderstanding, wildly overblown

GREENSBURG – The move last month by the City Council to increase the city’s Cumulative Capital Development Fund Tax from roughly 2.6 cents per $100 of assessed property value to 5 cents per $100 of assessed property value is proving unpopular with some residents.

On Monday afternoon, The Daily News contacted both Greensburg Mayor Gary Herbert and Branden Robbins, Financial Consultant with Reedy Financial Group of Seymour, to get some understanding on what the increase means and how much of an impact it will have on Greensburg property owners.

The mayor expressed displeasure with the rumor that the additional revenue from the increase will go toward the proposed expansion of Greensburg Municipal Airport.

“For anyone to say that these additional tax monies, from this increase in the Cumulative Capital Development Fund, will be used to purchase land for the airport expansion – it’s an untrue statement, plain and simple,” Herbert said. “It borders on malicious. That will not happen. This increase has nothing to do with airport expansion whatsoever.”

Herbert was equally adamant regarding rumors that the additional revenue will go toward funding the Veteran’s Parkway Road Project (Veteran’s Parkway is a proposed three-lane road that would run east-to-west across the city from the Hampton Inn on Highway 421 to an outlet at Burger King on Lincoln Avenue).

“The Veteran’s Parkway Project will be funded by Tax Increment Fund (TIF) money, meaning the money will come from tax revenue generated from businesses in the proposed area of Veteran’s Parkway,” the mayor said. “Not a single penny for that project will come from the Cumulative Capital Development Fund. That project will be funded by business.”

The mayor noted, too, that there has also been a measure of confusion regarding how much the increase in the city’s Cumulative Capital Development Fund would impact each individual property owner in the City of Greensburg.

Text Only
News
  • nws-gb072414-mainsource mug 2 MainSource income rises 5.9% GREENSBURG — MainSource Financial Group reported second-quarter net income of nearly $7.8 million, up about 5.9 percent from a year earlier.Higher net interest income more than offset slightly lower noninterest income.Greensburg-based MSFG is the par

    July 24, 2014 3 Photos

  • Inside Indiana Business with Gerry Dick Holiday World to Unveil $22M ProjectOfficials at Holiday World & Splashin’ Safari in Santa Claus will announce details Thursday of a $22 million investment. The project represents the largest amount ever spent on a single ride in the attraction’s nea

    July 24, 2014

  • nws-gb072414-meth bust couple mug 2 Indy couple arrested on drug charges GREENSBURG – An Indianapolis couple has been jailed in Decatur County Jail on felony drug dealing charges following a lengthy police investigation.Zachariah Long, 33, and Christina Cowles, 32, both of Indianapolis, were arrested around 4 p.m. Tuesday

    July 24, 2014 2 Photos

  • Decatur County Events Calendar Local clubs, service groups, fraternal organizations and others are encouraged to send their Coming Events information to the Daily News at news@greensburgdailynews.com or Daily News, PO Box 106, Greensburg, IN 47240. All July – International Crafts

    July 24, 2014

  • nws-gb072414 DCCF pic DCCF names Scheidler to Decatur Society Although, it could easily have been mistaken for a Scheidler family reunion, the Decatur County Community Foundation was actually hosting its Annual Meeting on Tuesday, June 24. The Decatur County Schools Administration Building was the perfect setti

    July 24, 2014 1 Photo

  • nws-gb072414-Kids Closet pic Kids Closet to hold fashion show at next opening GREENSBURG – The Kids’ Closet of Decatur County has made quite a name for itself in the relatively short time it has been in operation.In just two years, the organization has grown significantly, outgrowing the basement space at First Christian Churc

    July 24, 2014 1 Photo

  • nws-gb072414-eagles wings pic 1 'On Eagle's Wings' to return GREENSBURG – Registration is well underway for the second annual On Eagle’s Wings 5K Run/Walk set to return to the St. Mary’s Elementary School campus late next month.The sophomore running of the event, which seeks to memorialize four prominent commu

    July 24, 2014 2 Photos

  • $200K budget cut for GCS GREENSBURG — Greensburg Community Schools expect to see their budgets decline by about $200,000, or 0.8 percent, for the next school year.Superintendent Tom Hunter said that he expects tax rates, which help determine local property tax bills, to be a

    July 23, 2014

  • nws-gb072314-Littles pic Little Mister and Miss accepting contestants GREENSBURG – Once again, preparations are underway for the Tree City Fall Festival Little Mister and Miss Tree City contest.For several years, the Littles have been crowned at the Fall Festival, but as with any contest, a significant amount of prepar

    July 23, 2014 1 Photo

  • nws-gb072314-ymca 100 carnival - pic 04 YMCA marks 100th anniversary GREENSBURG — Kids rode horses and the kiddie train, chugged popcorn, shot a bow and arrow, played putt-putt, tossed darts into balloons and toilet paper into a toilet, ran an obstacle course and petted an alligator. It was practically impossible to f

    July 23, 2014 4 Photos