2023 Cap Allocation Petition
Recently cap allocation laws have gone through extensive review, which has resulted in some taxpayers possibly having a claim for allocation changes to various parts of their assessments.
If you feel you have additional structures other than your house which is currently not being placed in the appropriate tax cap you can file a cap allocation petition for the 2023 assessment year until the end of the 2023 calendar year. 2024 assessment year file is already going through an in depth audit and application of these changes.
Excerpt from the recently passed legislation:
(i) This subsection applies only to an appeal based a claim of error in the determination of property that is or is not eligible for a standard homestead deduction under IC 6-1.1-12-37 and only for an assessment date occurring before January 1, 2024. A taxpayer may appeal an error in the assessment of property as described in this subsection any time after the official's action, but not later than one (1) year after the date on which the property that is the subject of the appeal was assessed.
WAYS TO FILE
To file a cap allocation petition you need to file the front side of the Form 130, noting cap allocation petition in Section II and submit it to our office in some capacity. There are three main ways to accomplish this:
MAIL / OVER THE COUNTER
Elkhart County Assessor
117 N 2nd Street
Goshen, IN 46526