Standard "SNAFU" for property tax bills

The South Bend Tribune reported in an article dated April 23, 2008 that tax bills for a majority of Indiana Counties will be delayed due to reassessment and the carry-over from last year. The article reported this will cost Marion County between $30 and $50 million.

At the moment NCPL is on okay financial ground. Just how long this last is anyone's guess. We have yet to receive our approval for our 2008 budgets (we received approval for our 2007 budgets late in 2007). We have enough for our June mortgage payment, but paying the December payment could be dicey. Article is here (archived after 7 days): http://southbendtribune.com/apps/pbcs.dll/article?AID=/20080423/NEWS01/762493560