By Seth Slabaugh, Star Press

seth@muncie.gannett.com

MUNCIE -- The landmark property-tax-reform bill passed by the state Legislature this year is delivering promises of relief to taxpayers -- and predictions of disaster for local government.

Delaware County property taxpayers are expected to save $32,260 this year, $9.5 million next year and $20.6 million in 2010 as a result of the new circuit breaker credits, while Delaware County taxing units are expected to lose those same amounts.

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