Editorâ€™s note: The following is the final installment of a series on the impact of the BPPT elimination.
WHITLEY COUNTY â€” Discussions of eliminating a particular tax is causing school administrators concern over the large amount of income districts could lose.
Indiana legislators began their session earlier this week with an initiative put in motion by Gov. Mike Pence to end the taxation of business personal property.
The Business Personal Property Tax (BPPT) targets machines and other equipment and generates more than $3 million annually for townships, municipalities and other groups within the county.
Peabody Public Library in Columbia City and the public library in South Whitley stand to lose a combined $56, 578 in funds. But it is an estimated $1.8 million loss across the countyâ€™s three school districts that has administrators worried.
â€śThis would be a huge cut,â€ť said Tony Zickgraf, Whitley County Consolidated Schools director of business and operations. â€śWe already had deep cuts four or five years ago. Any further losses will directly impact programming and education.â€ť
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