20-45-7-20. County Auditor Certification; Tax Rate
Sec. 20. (a) The county auditor shall compute the amount of the tax to be levied each year. Before August 2, the county auditor shall certify the amount to the county council. (b) The tax rate shall be advertised and fixed by the county council in the same manner as other property tax rates. The […]
20-45-7-21. Tax Subject to Maximum County Levy Limit
Sec. 21. The maximum levy limit that the county may levy for a particular year equals the maximum levy limit otherwise prescribed for the county for that year by IC 6-1.1-18.5. The amount levied for that year under the tax is included within the maximum levy limit. [Pre-2006 Recodification Citation: 21-2-12-5.1.] As added by P.L.2-2006, […]
20-45-7-22. Collection
Sec. 22. The county officials charged with the duty of collecting and receiving receipts from county taxes shall collect and receive the tax in the same manner as other county taxes. [Pre-2006 Recodification Citation: 21-2-12-7.1 part.] As added by P.L.2-2006, SEC.168.
20-45-7-23. Treasurer; Deposits; County School Distribution Fund
Sec. 23. The county treasurer shall deposit the money collected from the tax in a county school distribution fund. [Pre-2006 Recodification Citation: 21-2-12-8.1 part.] As added by P.L.2-2006, SEC.168.
20-45-7-24. Effect of Distribution of Excise Taxes
Sec. 24. For purposes of allocating distributions of tax revenues collected under IC 6-5.5, IC 6-6-5, IC 6-6-5.5, or IC 6-6-6.5, the tax shall be treated as if it were property taxes imposed by a separate taxing unit. The appropriate part of those distributions shall be deposited in the fund. [Pre-2006 Recodification Citation: 21-2-12-6.1(a).] As […]
20-45-7-25. Distribution of Tax Collections to School Corporations
Sec. 25. The county auditor and the county treasurer shall distribute the money credited to the fund during a calendar year to the qualified school corporations based on their entitlements for the year, adjusted as provided in this chapter. [Pre-2006 Recodification Citation: 21-2-12-8.1 part.] As added by P.L.2-2006, SEC.168.
20-45-7-26. Calculation; School Corporation’s Distribution
Sec. 26. The entitlement of each qualified school corporation from the fund for each calendar year is the greater of: (1) the amount of its entitlement for calendar year 2000 from the tax levied under this chapter; or (2) an amount equal to twenty-seven dollars and fifty cents ($27.50) times its current ADM as determined […]
20-45-7-27. Correction of Errors
Sec. 27. (a) If the tax rate is incorrect because of an error in calculating its amount, including a mistake in the amount of assessment, the error shall be expeditiously corrected within the next two (2) years by decreasing or increasing the rate of the tax set during those two (2) years. (b) If the […]
20-45-7-28. Distribution by Warrant; Schedule
Sec. 28. The county auditor shall issue a warrant to the county treasurer for the distributions from the fund to the qualified school corporations in the amounts to which they are entitled under this chapter. The distributions shall be made at the same time as other property tax levies in each semiannual tax settlement period. […]
20-45-7-29. Deposit of Distribution; Operations Fund
Sec. 29. Receipts from the fund shall be credited by each qualified school corporation to its operations fund. The budgets of each qualified school corporation shall reflect the anticipated receipts from the tax. Appropriations shall be made from the operations fund by the qualified school corporations as other appropriations are made either in the annual […]