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Indiana Code — Title 6 (Taxation)

IC 6-1.1-20.6-11.1

Department of local government finance estimates of reduction

Official textiga.in.govlast amended

of property taxes by credits; information to be provided by taxing units

Sec. 11.1.

# (a)

Before August 1 of each year, the department of local government finance shall provide to each taxing unit that levies property taxes an estimate of the amount by which the taxing unit's distribution of property taxes will be reduced under section 9.5 of this chapter in the ensuing year.

# (b)

To determine the estimates required by subsection (a), the department of local government finance shall use the best available assessed value data and the levy limitation estimates determined under IC 6-1.1-18.5-24.

# (c)

The department of local government finance may also require taxing units to provide information on proposed debt issuance, excess levy appeals, and fund establishments occurring in the current year that may affect the tax levies and tax rates for the ensuing year.
This information shall be collected in a manner prescribed by the department of local government finance. Taxing units shall provide the requested information to the department of local government finance by the deadline established by the department of local government finance, which may not be later than June 30 of each year.
As added by P.L.184-2016, SEC.20.

Amendment history

As added by P.L.184-2016, SEC.20.

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Nearby sections (25 sections)
  1. 6-1.1-20.6-6.5 · Repealed
  2. 6-1.1-20.6-7 · Calculation of credit
  3. 6-1.1-20.6-7.5 · Calculation of credit
  4. 6-1.1-20.6-7.7 · Supplemental homestead credit
  5. 6-1.1-20.6-8 · Exemption from filing requirement
  6. 6-1.1-20.6-8.5 · Additional credit for certain homesteads; eligibility…
  7. 6-1.1-20.6-9 · Repealed
  8. 6-1.1-20.6-9.5 · Effect of credit on revenues
  9. 6-1.1-20.6-9.8 · Allocation of taxes exempted from credit
  10. 6-1.1-20.6-9.9 · Allocation of credits by eligible school corporations
  11. 6-1.1-20.6-10 · Payment of debt service obligations
  12. 6-1.1-20.6-11 · Report; effect of circuit breaker on taxing unit…
  13. 6-1.1-20.6-11.1 · Department of local government finance estimates of…
  14. 6-1.1-20.6-12 · Application of credit of excise tax distribution…
  15. 6-1.1-20.6-13 · Allocation of credits by distressed political…
  16. 6-1.1-21.1-1 · "Board"
  17. 6-1.1-21.1-2 · Findings of general assembly
  18. 6-1.1-21.1-3 · City may apply to board for loan
  19. 6-1.1-21.1-4 · Board determines terms of any loan after review by budget
  20. 6-1.1-21.1-5 · Interest on loan
  21. 6-1.1-21.1-6 · Limit on amount of loan
  22. 6-1.1-21.1-7 · Term of loan repayment; penalty
  23. 6-1.1-21.1-8 · Disbursement of loan proceeds by board
  24. 6-1.1-21.1-9 · Repayment of loan by city from any revenue sources
  25. 6-1.1-21.1-10 · Obligation to repay loan not basis to obtain excessive…
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