Indiana Code 6-1.1-18.5-24. Department of local government finance estimates of maximum tax levies
Current as of: 2023 | Check for updates
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Sec. 24. (a) Before July 15 of each year, the department of local government finance shall provide to each taxing unit that levies property taxes an estimate of the maximum permissible property tax levies under section 3 of this chapter that will apply for the ensuing calendar year.
(c) The department’s estimate under this section is not binding for the purposes of budget adoption by a taxing unit.
(b) The department’s estimates shall, as necessary, provide guidance on calculating allowable adjustment to the maximum permissible property tax levies under section 3 of this chapter.
Terms Used In Indiana Code 6-1.1-18.5-24
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
As added by P.L.184-2016, SEC.19.