20-46-9-8. Referendum
Sec. 8. A referendum levy under this chapter may be put into effect only if a majority of the individuals who vote in a referendum that is conducted in accordance with this section and sections 9 through 19 of this chapter approve the school corporation’s making a levy for the ensuing calendar year. As added […]
20-46-9-9. Question Form; Referendum Levy; Percentage of Property Tax Increase
Sec. 9. (a) The question to be submitted to the voters in the referendum must read as follows: “Shall the school corporation increase property taxes paid to the school corporation by homeowners and businesses for _____ (insert number of years) years immediately following the holding of the referendum for the purpose of funding ______ (insert […]
20-46-9-10. Question Form; Resolution to Extend a Referendum Levy; Formula; Certification
Sec. 10. (a) This section applies only to a referendum to allow a school corporation to extend a referendum tax levy. (b) The question to be submitted to the voters in the referendum must read as follows: “Shall the school corporation continue to impose increased property taxes paid to the school corporation by homeowners and […]
20-46-9-11. Distribution of Levy Approved in Referendum
Sec. 11. The county auditor shall distribute proceeds collected from an allocation area (as defined in IC 6-1.1-21.2-3) that are attributable to property taxes imposed after being approved by the voters in a referendum to the school corporation for which the referendum was conducted. The amount to be distributed to the school corporation shall be […]
20-46-9-1. “Fund”
Sec. 1. As used in this chapter, “fund” refers to a school safety referendum tax levy fund established by the governing body of a school corporation under IC 20-40-20-4. As added by P.L.272-2019, SEC.12.
20-46-9-2. “Levy”
Sec. 2. As used in this chapter, “levy” refers to the property tax levy imposed under this chapter. As added by P.L.272-2019, SEC.12.
20-46-9-3. “Referendum”
Sec. 3. As used in this chapter, “referendum” refers to a referendum under this chapter. As added by P.L.272-2019, SEC.12.
20-46-8-1. Property Tax Levy Components
Sec. 1. (a) A school corporation may impose an annual property tax levy for its operations fund. (b) For property taxes first due and payable in 2019, the maximum permissible property tax levy a school corporation may impose for its operations fund (IC 20-40-18) is the following: STEP ONE: Determine the sum of the following: […]
20-46-9-4. “Resolution to Extend a Referendum Levy”
Sec. 4. As used in this chapter, “resolution to extend a referendum levy” refers to a resolution adopted under sections 6 and 7 of this chapter to place a referendum on the ballot requesting authority to continue imposing a tax rate, which is the same as or lower than the tax rate previously approved by […]
20-46-8-2. Property Tax Levies Replaced
Sec. 2. A school corporation’s property tax levy imposed under this chapter for its operations fund replaces the authority of the school corporation to impose property taxes under the following property tax levy provisions: (1) The school transportation fund levy (IC 20-46-4) (repealed). (2) The school bus replacement fund levy (IC 20-46-5) (repealed). (3) The […]