COLUMBUS, Ind. — Using conservative figures from the Department of Local Government Finance, the Columbus property tax rate is expected to remain flat. Numbers presented by the administration last fall reflected an 11 percent decrease, but officials now believe the DLGF recommendation is more accurate.
Property owners that have not hit the property tax cap could expect a slight rate increase.
Using the conservative estimate the city of Columbus could end up with about $1 million available after the actual tax levy is calculated. Officials say the extra monies would be used to fund capital improvements or infrastructure. Finals numbers are expected from the DLGF in April.
