Taxes

The City of Union City Indiana is funded from by the State of Indiana Department of Local Government Finance. (DLGF)  This funding is derived from mainly property tax.

Businesses in Indiana also pay property tax on equipment. Other sources of local funding are fuel tax, gaming tax, and wheel tax.

The budgeting process begins with local governments compiling estimates of budget requirements for the coming year. This starts around mid-year as budgets are due by September. Budgets are then processed through the DLGF and City governments are told what they can receive in tax according to their total assessed valuation. This means the assessed value of all taxable property within the city. This figure is used by DLGF to determine the tax rate as well as the maximum amount the city will be able to raise.

Budgets are adjusted accordingly and the city receives tax draws throughout the year.

Public hearings on the proposed budgets are held in September.

Visit the Indiana Department of Local Government Finance web page.