Credit Rating Agencies Flag Property Tax Bill for Creating “Uncertainty” for Local Bonds

Credit rating agencies flag property tax bill for creating “uncertainty” for local bonds

Experts warn that Indiana’s cities, towns and counties could take a hit to their credit rating through no fault of their own, but rather due to continued fallout from the state’s effort to curb property tax growth.

Credit rating agencies flag property tax bill for creating 'uncertainty' for local bonds

INDIANAPOLIS — Experts warn that Indiana’s cities, towns and counties could take a hit to their credit ratings through no fault of their own, but rather due to continued fallout from the state’s effort to curb property tax growth.