Indiana cities brace for budget cuts as property tax relief takes effect

Indiana cities brace for budget cuts as property tax relief takes effect

CARMEL, IN Hoosier homeowners are seeing property tax relief in 2026, but local governments across the state are facing tighter budgets as a result.Indiana Senate Bill 1, signed into law by Gov. Mike Braun in April, provides homeowners with a 10% reduction or up to $300 off their property tax bills.While the measure was designed to help Hoosiers manage housing costs, city leaders say the cuts are straining local finances.Carmel Mayor Sue Finkam …