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Lake County challenges U.S. Steel assessment

Posted on AllSides May 14th, 2024
From The Center

The Lake County Council agreed to move forward with what was described as an unprecedented attempt to challenge the $108 million property tax assessment for U.S. Steel Corp. in Gary. Lake County Assessor LaTonya Spearman appeared before the council Tuesday asking for approval of her request to a petition to review the assessment of U.S. Steel, essentially challenging the value assessed by the state. The request must be delivered to the Indiana Department of Local Government Finance by Friday. “Although U.S. Steel’s assessment is believed to have been undervalued, it...

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