Indiana Property taxes could spike 24%

The IndyStar reports:

Residential property tax bills are expected to rise an average of nearly 24 percent statewide this summer, much more sharply than anticipated, state lawmakers said today.

Previously, legislative experts had estimated that residential bills would rise nearly 15 percent because of a number of factors, including a new six-year property assessment going into effect. Those projections have driven a debate by the General Assembly this year on property tax relief and reform.

However, new estimates based on updated assessed value information from 33 of Indiana’s 92 counties show that the increase in residential bills is now expected to be much higher.

Couldn't the government get by with less money?