Ever since SB 1 became a talking point for the Indiana legislature, property owners on up to cities, counties and other taxing bodies have been scrambling to better understand what it means for their financial future.
For the taxing bodies, it’s been a feeling of dread worrying about anticipated lost funds.
The City of Rochester Common Council was presented more of a breakdown of SB 1 and its possible effects by financial advisor Heidi Amspaugh with Baker Tilly.
While it offered a great amount of detail, Mayor Trent Odell says there was some relief in the explanation.
And the mayor thinks the state legislature may not be done with this after watching the fallout from initial passage in 2025.
The mayor says there is reason to be wary but he also wants to continue with business as usual.
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