INDIANAPOLIS -- Homeowners who face huge property tax increases are watching with full attention as the Indiana General Assembly prepares to wrap up its work this weekend.

Legislators are trying to find a solution for the property tax crisis before they adjourn Sunday night, 6News' Norman Cox reported.

Estimates indicated that Hoosiers can expect this year's property tax bill to increase by an average of 24 percent -- something that clearly does not sit well with constituents, who have lit a fire under lawmakers to do something about it immediately.

Some lawmakers said Friday that significant progress had been made, but others said a wide gulf remains in the way Democrats and Republicans want to address the issue.

Democrat House Speaker Pat Bauer said the state doesn't have enough money to wipe out all of the increase for homeowners, or even most of it.

"Twenty-four percent would probably cost $500-$600 million a year. I think we can do a third, try to get to a third or closer to 40 percent of it. That would be $200 (million) or so, and that would be a good thing," Bauer said.

Republican Minority Leader Brian Bosma insisted that the final property tax relief package must go farther than Bauer suggested.

"Our goal in the House Republican caucus is to bring those property tax bills down to historic normal growth -- 4,5 percent increase, and I'm hearing double-digit increases still, so, long way to go," Bosma said.

In addition to property taxes, lawmakers have a host of other major issues to settle, including the budget, full-day kindergarten, several gambling bills and a possible cigarette tax increase.