2023 Indiana Code › Title 6. Taxation › Article 3.6. Local Income Taxes › Chapter 9. Distribution of Revenue › 6-3.6-9-5. Certified Distribution; Estimate of Certified Amount; Property Tax Credits; School Distributions; Public Safety Revenue; Economic Development Revenue; Certified Shares; Special Purpose Revenue

Sec. 5. (a) Before August 2 of each calendar year, the budget agency shall provide to the department of local government finance and the county auditor of each adopting county an estimate of the amount determined under section 4 of this chapter that will be distributed to the county, based on known tax rates. Subject to subsection (c), not later than fifteen (15) days after receiving the estimate of the certified distribution, the department of local government finance shall determine for each taxing unit and notify the county auditor of the estimated amount of property tax credits, school distributions, public safety revenue, economic development revenue, certified shares, and special purpose revenue that will be distributed to the taxing unit under this chapter during the ensuing calendar year. Not later than thirty (30) days after receiving the department's estimate, the county auditor shall notify each taxing unit of the amounts estimated for the taxing unit.
(b) Before October 1 of each calendar year, the budget agency shall certify to the department of local government finance and the county auditor of each adopting county:
(1) the amount determined under section 4 of this chapter; and
(2) the amount of interest in the county's account that has accrued and has not been included in a certification made in a preceding year.
The amount certified is the county's certified distribution for the immediately succeeding calendar year. The amount certified shall be adjusted, as necessary, under sections 6, 7, and 8 of this chapter. Subject to subsection (d), not later than fifteen (15) days after receiving the amount of the certified distribution, the department of local government finance shall determine for each taxing unit and notify the county auditor of the certified amount of property tax credits, school distributions, public safety revenue, economic development revenue, certified shares, and special purpose revenue that will be distributed to the taxing unit under this chapter during the ensuing calendar year. Not later than thirty (30) days after receiving the department's estimate, the county auditor shall notify each taxing unit of the certified amounts for the taxing unit.
(c) This subsection applies to Lake County. When the department of local government finance notifies the county auditor of the estimated amount of property tax credits, school distributions, public safety revenue, economic development revenue, certified shares, and special purpose revenue that will be distributed to the taxing unit under this chapter during the ensuing calendar year, the department of local government finance shall also determine the amount of additional revenue allocated for economic development purposes that will be distributed to each civil taxing unit, reduced by an amount that is equal to the following percentages of the tax revenue that would otherwise be allocated for economic development purposes and distributed to the civil taxing unit:
(1) For Lake County, an amount equal to twenty-five percent (25%).
(2) For Crown Point, an amount equal to ten percent (10%).
(3) For Dyer, an amount equal to fifteen percent (15%).
(4) For Gary, an amount equal to seven and five-tenths percent (7.5%).
(5) For Hammond, an amount equal to fifteen percent (15%).
(6) For Highland, an amount equal to twelve percent (12%).
(7) For Hobart, an amount equal to eighteen percent (18%).
(8) For Lake Station, an amount equal to twenty percent (20%).
(9) For Lowell, an amount equal to fifteen percent (15%).
(10) For Merrillville, an amount equal to twenty-two percent (22%).
(11) For Munster, an amount equal to thirty-four percent (34%).
(12) For New Chicago, an amount equal to one percent (1%).
(13) For Schererville, an amount equal to ten percent (10%).
(14) For Schneider, an amount equal to twenty percent (20%).
(15) For Whiting, an amount equal to twenty-five percent (25%).
(16) For Winfield, an amount equal to fifteen percent (15%).
The department of local government finance shall notify the county auditor of the amounts of the reductions and the remaining amounts to be distributed.
(d) This subsection applies to Lake County. When the department of local government finance notifies the county auditor of the certified amount of property tax credits, school distributions, public safety revenue, economic development revenue, certified shares, and special purpose revenue that will be distributed to the taxing unit under this chapter during the ensuing calendar year, the department of local government finance shall also determine the amount of additional revenue allocated for economic development purposes that will be distributed to each civil taxing unit, reduced by an amount that is equal to the following percentages of the tax revenue that would otherwise be allocated for economic development purposes and distributed to the civil taxing unit:
(1) For Lake County, an amount equal to twenty-five percent (25%).
(2) For Crown Point, an amount equal to ten percent (10%).
(3) For Dyer, an amount equal to fifteen percent (15%).
(4) For Gary, an amount equal to seven and five-tenths percent (7.5%).
(5) For Hammond, an amount equal to fifteen percent (15%).
(6) For Highland, an amount equal to twelve percent (12%).
(7) For Hobart, an amount equal to eighteen percent (18%).
(8) For Lake Station, an amount equal to twenty percent (20%).
(9) For Lowell, an amount equal to fifteen percent (15%).
(10) For Merrillville, an amount equal to twenty-two percent (22%).
(11) For Munster, an amount equal to thirty-four percent (34%).
(12) For New Chicago, an amount equal to one percent (1%).
(13) For Schererville, an amount equal to ten percent (10%).
(14) For Schneider, an amount equal to twenty percent (20%).
(15) For Whiting, an amount equal to twenty-five percent (25%).
(16) For Winfield, an amount equal to fifteen percent (15%).
The department of local government finance shall notify the county auditor of the remaining amounts to be distributed and the amounts of the reductions that will be withheld under IC 6-3.6-11-5.5.
As added by P.L.243-2015, SEC.10. Amended by P.L.184-2016, SEC.22; P.L.257-2019, SEC.71; P.L.259-2019, SEC.8; P.L.32-2021, SEC.13.