As the decade comes to a close, both businesses and consumers alike have come to the conclusion that the old ways of conducting business are simply not sustainable. More and more focus is being brought on how a business allocates its money and whether or not they are making efforts to enact positive social change […]
Tag: Taxes
By: Todd Smekens BLOG – Several months ago, the credit grading services of Standard &Poors (S&P) downgraded the school systems credit rating by four notches. That’s not good news. This comes on the heels of losing nearly $5 million in revenue as a result of declining enrollment. The primary reasons for the downgrade are: The […]
Hoosier’s Working Class Will Fund Crumbling Infrastructure By: Todd Smekens Muncie, Indiana NEWS – The coming legislative session will feature a biennial budget and a fix for our crumbling infrastructure. The political posturing and rhetoric is already flying in the newspaper. Our incoming governor says he will be driven by data, not politics. As we’ve […]
Hoosier Taxpayers Taking Advantage of Tax Credits INDIANAPOLIS – More than 1.5 million taxpayers already have taken advantage of Indiana’s Automatic Taxpayer Refund (ATR) credit as of March 10. About 76 percent of all taxpayers filing as of March 10 have qualified for the tax credit. More than $171 million has been awarded to Hoosier […]
Muncie Leaders Should Explore PILOTs
Faced with budget gaps, and the need for investment in our community, public sector leadership in Muncie should be looking to PILOT fees from religious institutions, universities, medical centers, fitness facilities, and other tax-exempt nonprofits for help with community investment. Payments in lieu of taxes (PILOTs) are voluntary payments that tax-exempt nonprofits make to local […]