| Articles for April 16, 2008: |
| General Assembly enacts massive change |
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 Third in a series of articles about Indiana's property tax changes.
What the Indiana General Assembly just enacted is the most massive change in local government funding since the Bowen Tax Package in the 1970s. Since local governmental units will start work on upcoming budgets in the next two months, it is crucial to understand what changed and what remains the same. This article provides a "broad-brush" look at the provisions of House Enrolled Act (HEA) 1001. In subsequent articles, we will provide additional in-depth information plus practical advice for cities, towns, school districts and other entities.
To read the full article, please click on Full Article below. |
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| QPAs open for use by other municipalities |
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The Indiana Legislative Code includes information that could help municipalities throughout the state save money on items needed to perform everyday operations. Quantity Purchase Agreements, or QPAs, between purchasing entities and vendors are agreements to purchase goods and services at a specified rate or price. Indiana Code allows municipalities to purchase from one another or benefit from their QPAs. As long as the original purchaser of goods and services (a municipality) is in compliance with state purchasing law, then any other municipality can buy goods and services from that municipality or the same vendor at the same prices without having to initiate the usual process of receiving bids from vendors.
To read the full article, please click on Full Article below. |
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CIRCULAR 230 DISCLOSURE:
To ensure compliance with U.S. Treasury Department Regulations, we are required to advise you that, unless otherwise expressly indicated, any federal tax advice contained in this communication, including any attachments, is not intended or written by us to be used, and cannot be used, by anyone for the purpose of avoiding federal tax penalties. |
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