Kokomo Tribune; Kokomo, Indiana

Local News

October 25, 2011

Library votes to hold onto GMCH money

Center Township still to make decision

So far, only Howard County has voted to return its share of the tax settlement with General Motors Components Holdings.

Earlier this year, the county reached an agreement with GMCH over personal property taxes the company owed. GMCH agreed to pay $4.8 million.

As a result of GMCH’s lower assessed value, property owners paid higher taxes last year.

Had all the impacted governmental entities voted to return their share of the settlement to residential property owners, Howard County Assessor Jamie Shepherd estimates taxpayers, on average, would have seen a $400 credit on their 2012 tax bills.

The Howard County Council voted in September to return its share, $846,064, to property owners. Taxpayers will receive about $40 per homestead parcel.

The Kokomo-Howard County Public Library board voted last week not to return the settlement money to property owners.

The board voted 4-3 not to return the $199,686 received. Had the board voted to return the funds, it would have resulted in an approximate $8.56 credit to residential property owners.

During a September meeting of the library board, several members indicated the funds would be better used by the library to purchase a new bookmobile or to extend library hours.

Board members Tom Trine, Stan Ortman and Mary Baker voted to return the money to the taxpayers.

The Center Township Board is scheduled to meet at 10:30 a.m. today at the trustee’s office. It will discuss returning $122,758 it received as a result of the settlement.

Trustee Jean Lushin said he will recommend the funds be returned to the taxpayers.

Board President Linda Koontz said Tuesday she believes the right thing to do is to return the money to property owners, who paid a higher tax bill.

The Solid Waste District board has not met to discuss returning $32,735 it received in the settlement.

The city of Kokomo used $1.2 million of the $2.4 million it will receive to pay off the bonds on the new Center Road fire station and install new sidewalks around local schools.

Mayor Greg Goodnight said a decision on how to use the remaining funds will be made in December or January.

Kokomo-Center schools decided to use the $1.2 million it received from the settlement to help offset a $2 million cut in state funding.

1
Text Only | Photo Reprints
Local News
  • Shooting victim forgives assailant Misty Wallace was a high school senior with a full ride scholarship to play softball in college. Keith Blackburn was a high school dropout on drugs and in gangs, expecting to be either dead or in prison after taking on a life of crime. Their lives wi

    April 21, 2014

  • Take Back the Night and Angel Walk coming Hundreds of students, faculty, staff and community members will come together at Indiana University Kokomo next week to raise awareness of domestic violence through the annual Take Back the Night and Angel Walk. The rally begins at 5:30 p.m. Tuesday

    April 21, 2014

  • tornadodamage34-20-04.jpg Kokomo Skating Arena: 10 years gone

    If you drive past the intersection of East Morgan and North Ohio streets these days you’ll see some trees, a parking lot and a Dollar General store. What you won’t see is the Kokomo Skating Arena, a landmark which stood on this corner for decades until a tornado caved the roof in April 20, 2004. Those who knew it well said they won’t soon forget it.

    April 20, 2014 6 Photos

  • Question Time: Name a baby (or babies) today

    “Imagine you’re having a baby (or babies) today. What would you name it (or them) and why? (You can give answers for a girl, a boy or both; and any combination for twins, triplets, etc.)”

    April 20, 2014

  • 400SUnion.jpg Counties move forward with flood mitigation one year later

    One by one, properties were bulldozed from the neighborhood between Carter and Murden streets in downtown Kokomo, physically erasing evidence of residential flooding in an area long prone to it.

    April 20, 2014 1 Photo

  • 400SUnion Counties move forward with flood mitigation one year later One by one, properties were bulldozed from the neighborhood between Carter and Murden streets in downtown Kokomo, physically erasing evidence of residential flooding in an area long prone to it. Removing homes along Park Avenue, near Waterworks Park

    April 20, 2014 2 Photos

  • Flooded area - E Murden 01 Jaimz family seeks closure after losing everything Ashley Jaimz and her sister, Amanda Urbina, took a drive through the Cedar Crest neighborhood the other day to view how residents were faring in the wake of a Nov. 17 tornado. The drive was intended to provide some closure to Jaimz, who is still stru

    April 20, 2014 1 Photo

  • NWS - FEMA 03 Kokomo resident whose basement collapsed during flood repairs own home

    Walter Raderstorf can still remember sitting in his living room inside his home on West Park Avenue, realizing he had escaped a brush with death. “I was in the basement carrying stuff up and I came in here and sat down,” he said. “It wasn’t 30 second

    April 20, 2014 2 Photos

  • Late Kokomo teacher dedicates estate to foundation Longtime Kokomo School Corp. teacher Holly Kirkpatrick will continue to have a positive impact on students thanks to a $38,000 donation from her estate to the Kokomo Public Schools Education Foundation. Kirkpatrick died in November 2012 after teachin

    April 20, 2014

  • flood anniversary Thomas family ready to move on after flood In the Thomas household, few things take precedent over baseball. You’d be hard-pressed to find a couple more dedicated to youth baseball in Kokomo — or anywhere else for that matter — than Michael and Lashanda Thomas, who have passed that love of th

    April 20, 2014 1 Photo

Latest news
Featured Ads
Only on our website
AP Video
Raw: More Than 100,000 Gather for Easter Sunday Raw: Greeks Celebrate Easter With "Rocket War" Police Question Captain, Crew on Ferry Disaster Raw: Orthodox Christians Observe Easter Rite Ceremony Marks 19th Anniversary of OKC Bombing Raw: Four French Journalists Freed From Syria Raw: Massive 7.2 Earthquake Rocks Mexico Captain of Sunken SKorean Ferry Arrested Raw: Fire Destroys 3 N.J. Beachfront Homes Raw: Pope Presides Over Good Friday Mass Raw: Space X Launches to Space Station Superheroes Descend on Capitol Mall Man Charged in Kansas City Highway Shootings Obama Awards Navy Football Trophy Anti-semitic Leaflets Posted in Eastern Ukraine Raw: Magnitude-7.2 Earthquake Shakes Mexico City Ceremony at MIT Remembers One of Boston's Finest Raw: Students Hurt in Colo. School Bus Crash Deadly Avalanche Sweeps Slopes of Mount Everest
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Obituaries