Version b
Attributed allocation amount; allocation of certified shares
Note: This version of section effective 1-1-2006. See also
preceding version of this section, effective until 1-1-2006.
Sec. 15. (a) As used in this section, "attributed allocation amount"
of a civil taxing unit for a calendar year means the sum of:
(1) the allocation amount of the civil taxing unit for that
calendar year; plus
(2) the current ad valorem property tax levy of any special
taxing district, authority, board, or other entity formed to
discharge governmental services or functions on behalf of or
ordinarily attributable to the civil taxing unit; plus
(3) in the case of a county, an amount equal to the property
taxes imposed by the county in 1999 for the county's welfare
fund and welfare administration fund.
(b) The part of a county's certified distribution that is to be used
as certified shares shall be allocated only among the county's civil
taxing units. Each civil taxing unit of a county is entitled to receive
a certified share during a calendar year in an amount determined in
STEP TWO of the following formula:
STEP ONE: Divide:
(A) the attributed allocation amount of the civil taxing unit
during that calendar year; by
(B) the sum of the attributed allocation amounts of all the
civil taxing units of the county during that calendar year.
STEP TWO: Multiply the part of the county's certified
distribution that is to be used as certified shares by the STEP
ONE amount.
(c) The local government tax control board established by
IC 6-1.1-18.5-11 shall determine the attributed levies of civil taxing
units that are entitled to receive certified shares during a calendar
year. If the ad valorem property tax levy of any special taxing
district, authority, board, or other entity is attributed to another civil
taxing unit under subsection (a)(2), then the special taxing district,
authority, board, or other entity shall not be treated as having an
attributed allocation amount of its own. The local government tax
control board shall certify the attributed allocation amounts to the
appropriate county auditor. The county auditor shall then allocate the
certified shares among the civil taxing units of the auditor's county.
(d) Certified shares received by a civil taxing unit shall be treated
as additional revenue for the purpose of fixing its budget for the
calendar year during which the certified shares will be received. The
certified shares may be allocated to or appropriated for any purpose,
including property tax relief or a transfer of funds to another civil
taxing unit whose levy was attributed to the civil taxing unit in the
determination of its attributed allocation amount.
As added by P.L.73-1983, SEC.2. Amended by P.L.273-1999,
SEC.69; P.L.283-2001, SEC.2; P.L.120-2002, SEC.2; P.L.255-2003,
SEC.2; P.L.207-2005, SEC.5.
Last modified: May 28, 2006