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Township Property Tax Update PDF Print E-mail
Saturday, 16 February 2008
Written by:  Gregg Terhune

On February 9, 2008 the Madison Township Trustee and the Madison Township Advisory Board posted a notice in the Mooresville Times that they would be have a public hearing to request an emergency loan to the amount of $750,000 to help them get through 2008.  The meeting will be held at the Landersdale road firehouse on February 19, 2008 at 6:00 PM.  This, being a public hearing, means that the public is invited to express their opinion on this proposed loan. 

Something that citizens need to be aware of when considering this proposal is:
1.      The budget that they requested for 2008 is $3,837,348.  That is nearly 3 times larger than the 2007 budget that was approved by the Department of Local Government Finance.  If they get this $750,000 loan too, then they will have actually raised their spending ability to $4,587,348. 

2.      The 2007 Madison Township approved budget of $1,354,154 was already highest township budget in the history of Morgan County.  Washington Township came in second with a budget of only $743,680. 

3.      The Madison Township budget has tripled in the past six years while the Madison Township population has not even doubled in the past eight years, which means our township taxes have been increasing each year and will have to increase even more if we let this loan go through.

4.      The loan that they are requesting of $750,000 is greater than the entire budget for Washington Township for the year of 2007.

5.      Emergency Loans, if taken three years in a row, can automatically affect the tax rate.  This loan, if we allow it, will be a sixth in a row.  This way they can get around the cap on tax increases and no doubt the reason they want it so bad.  They want to continue this unbroken chain of emergency loans and large tax increases.

Are you ok with the Trustee managing the township money this way?  Is this what you expected when you elected him, to run the budget up four and a half times what it was in 2006 and along with it your tax?  Why can they not manage to run the firehouses on what was already the largest budget in the history of Morgan County?  Why do they suddenly need three, nearly four times the money?

This is your business and they supposedly work for you.   What are you going to tell them?  Think about it.  Then go to the meeting on February 19 at 6:00 PM.  Tell them what you think about how they are spending your money!


Discuss this article on the forums. (2 posts)
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Hobi   |2008-02-16 22:37:36
Trustees Madison Township....Jim Bolin 7047 E. Landersdale Rd Camby, IN 46113
(317) 834-6027

This was provided by the county for the publics right to
communicate with their elected officials.
Roger123   |2008-02-16 22:15:44
avatar It's not until we start confronting our elected servants on the street- in their
church- in the store- on the phone- at work- getting out of the car and yes even
in the public rest rooms about the way they disrespect us and our money will
they stop spending and taking more than we have. This is what our founding
fathers considered necessary to make local government work.
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