Did You Know?
The White County Court House was built in 1868 and is the oldest court house west of the Mississippi River still functioning as initially intended.
Payment-in-Lieu-of-Taxes Program
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Real and personal property financed by revenue bonds and general obligation bonds may be exempt from property taxes during the lease-amortization period in which a local government retains title to the property. Payments by businesses to local governments in lieu of property taxes are generally encouraged and negotiated between the parties involved.
The negotiated payment in lieu of property taxes shall not be less than 35 percent of the property taxes that would have been paid if the property were on the tax rolls.