COMMUNITY PROFILE
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Local government...
Nappanee
is a dynamic community with an active local government organization. Here's
information about how Nappanee is organized.
| Form
of Government |
City
|
| Head
of governing body |
Mayor
|
| Composition
of governing body |
5
member City Council |
| Incorporated |
Yes
|
| Government
class |
3
|
| Recent
annual budget |
$4,289,134
|
| Primary
source of revenue |
Property
Taxes |
| Fire
insurance rating |
7
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Local taxes...
Providing
adequate local service while being fiscally responsible is the hallmark
of Nappanee's government.
| Property
tax rate per $100 valuation |
$9.4117
(subject to yearly
change) |
| Assessment
rate |
33.33%
|
| Tax
year payable |
previous year |
(Note:
Applicable state property tax replacement credit will reduce the gross
tax rate.)
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County taxes...
Taxes
for Elkhart County are detailed below.
| Adjusted
gross income tax |
1.0% |
| Economic
development income tax |
0.2% |
| County
option income tax |
None |
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State taxes...
Indiana
state taxes are as follows.
| Retail
sales tax |
5% |
| Corporate
gross income tax (min) |
0.3% |
| Corporate
gross income tax (max) |
1.2% |
| Corporate
adjusted gross income tax |
3.4% |
| Supplemental
net income tax |
4.5% |
| Corporate
franchise tax |
None |
| Machinery,
equipment and inventory tax |
Property
tax |
Unemployment
contribution rates for Indiana are detailed below.
| Unemployment
contribution rate (min) |
0.2% |
| Unemployment
contribution rate(max) |
5.5% |
| Benefit
period |
26
weeks maximum |
| Benefit
amount (min) |
$116 |
| Benefit
amount (max) |
$225 |
Workers'
compensation insurance rates for Indiana are detailed below.
| Liability |
Employer's
liability |
| Benefit
rate |
66
2/3% weekly wage |
| Benefit
amount (max) |
$448 |
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