<p>The recession may be over for the U.S. economy, but for Indiana local governments the recession is just about to start. That’s because the property tax and the local income tax respond to economic changes with a two-year delay. What happened to the economy in 2020 happens to local tax revenues in 2022.</p>

The recession may be over for the U.S. economy, but for Indiana local governments the recession is just about to start. That’s because the property tax and the local income tax respond to economic changes with a two-year delay. What happened to the economy in 2020 happens to local tax revenues in 2022.

Last Year’s Recession Hits Indiana Local Governments Next Year

Timely topics on public policy issues related to state and local government in Indiana published once a month.

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Last Year’s Recession Hits Indiana Local Governments Next Year

Last Year’s Recession Hits Indiana Local Governments Next Year