Indiana Township residents are not likely to see a property tax increase next year.
The proposed $8.7 million budget maintains a tax rate of 3.47 mills — 2.99 mills for the township and 0.48-mill for the fire departments.
The owner of a home assessed at the township’s median value of $152,650 would again pay about $529 in real estate taxes to the township.
Revenues and expenses total about $6.9 million. The township also operates a D.A.R.E. drug prevention program fund of about $15,500, a fire fund of about $364,500 and several water and sewer funds.
Township Manager Dan Anderson said the plan lays the groundwork for the future.
“The budget provides a big picture perspective and expresses priorities and directs the financial support needed to accomplish our goals,” Anderson said.
“The 2026 budget contains funding to enhance recreational facilities, fund our community centers and provide increased support to the library.”
The township is expected to bring in about $2.4 million in property taxes, up from $2.3 million because of new housing developments. The total amount of taxable assessed property as of October is about $741 million.
Other sources of revenue include $2.6 million in Act 511 taxes, $166,000 for public works reimbursements from the state and county, and $264,000 from permits, licenses and fines.
Projected spending includes $1.7 million for police, $1.9 million for public works, about $265,000 for code enforcement, $1 million for insurance, $79,000 for planning, zoning and emergency management and $105,00 for fire and EMS from the general fund.
There is a separate fund for fire tax revenue from which insurance and other expenses are paid.
The supervisors are expected to increase the township’s donation to Cooper-Siegel Community Library by 25% to $25,000. That’s up 66% from the township’s $15,000 donation in 2024.
A final vote is expected during the regular meeting on Dec. 10.
