The state Board of Accounts has released charts outlining maximum line rates allowed for public notice advertising that will go into effect Jan. 1.
The charts reflect an increase of 2.75 percent from the 2012 rates.
The yearly 2.75 percent increase was part of legislation that the Hoosier State Press Association worked to get passed by the Indiana legislature in 2009.
The increase every year is automatic unless the state legislature would pass a bill that alters this policy.
Prior to the comprehensive public notice advertising bill that established the automatic increase, rate increases required legislative action. Since 1927, the legislature had passed rate increase bills less than 10 times.
HSPA emailed the charts to advertising directors. Contact Steve Key, HSPA executive director and general counsel, with questions about the charts at firstname.lastname@example.org or (317) 624-4427.
If your column width for public notice advertising isn’t included on the charts, Key can help you determine your new line rates.