Local Brown County schools thanking Rep. Eric Koch

Fri, 18 Apr 2008 07:29:36 -0500

School corporations with loans made through this act may repay them from any source of revenue, as well. By not limiting the funds from which schools can repay these loans, the act allows a greater flexibility that saves schools from being bound to funds that may be struggling or unable to repay the loans.

Brown County Superintendent of Schools David Shaffer had been waiting for news on the bill when contacted last week to discuss House Enrolled Act 1125 (2008).

"You've given me very good news this morning," he said, after discussing potential applications for the loans, which could include paying off tax anticipation warrants as they come due.

Now that the bill has the Governor's signature, Mr. Shaffer will begin an in-depth analysis of possible uses, looking for areas and situations where such loans can be used to greatest effect.

"I want to acknowledge Representative Koch," Mr. Shaffer noted.

Eric Koch talks taxes in Bedford

Tue, 11 Mar 2008 14:56:36 -0500

Representative Eric Koch recently met with voters in Bedford to talk taxes. The Bedford Times-Mail covered it.

Rep. Eric Koch, R-Bedford, passed out paperwork showing that most property tax levies, on average, have been rising faster than Hoosiers’ income. You don’t have to be an economist to know that’s a formula for disaster.

From 2000 to 2006, according to Koch’s numbers, Hoosiers’ personal income has grown at an average rate of less than 4 percent a year.

School debt levies have grown at more than 10 percent per year. School transportation and county welfare have grown at more than 6 percent per year. County general funds, city and town general funds, library general funds and school capital projects also have grown faster than Hoosiers’ income.

School general funds are lowest, at about 3 percent.

“To be successful,” Koch wrote of property tax reform, “we must avoid the partisanship and burden-shifting that has characterized previous efforts. All levels and units of government must work together and assume responsibility for the solution by controlling spending.”

There’s one more step to add. Perhaps Hoosiers need to redefine what we think are “essential” services from our governments.

District 65

Local Brown County schools thanking Rep. Eric Koch

Eric Koch talks taxes in Bedford