Distributive shares to civil taxing units in counties containing a
consolidated city
Sec. 18.5. (a) This section applies to a county containing a
consolidated city.
(b) Notwithstanding section 18(e) of this chapter, the distributive
shares that each civil taxing unit in a county containing a
consolidated city is entitled to receive during a month equals the
following:
(1) For the calendar year beginning January 1, 1995, calculate
the total amount of revenues that are to be distributed as
distributive shares during that month multiplied by the
following factor:
Center Township
.0251
Decatur Township
.00217
Franklin Township
.0023
Lawrence Township
.01177
Perry Township
.01130
Pike Township
.01865
Warren Township
.01359
Washington Township
.01346
Wayne Township
.01307
Lawrence-City
.00858
Beech Grove
.00845
Southport
.00025
Speedway
.00722
Indianapolis/Marion County
.86409
(2) Notwithstanding subdivision (1), for the calendar year
beginning January 1, 1995, the distributive shares for each civil
taxing unit in a county containing a consolidated city shall be
not less than the following:
Center Township
$1,898,145
Decatur Township
$164,103
Franklin Township
$173,934
Lawrence Township
$890,086
Perry Township
$854,544
Pike Township
$1,410,375
Warren Township
$1,027,721
Washington Township
$1,017,890
Wayne Township
$988,397
Lawrence-City
$648,848
Beech Grove
$639,017
Southport $18,906
Speedway $546,000
(3) For each year after 1995, calculate the total amount of
revenues that are to be distributed as distributive shares during
that month as follows:
STEP ONE: Determine the total amount of revenues that
were distributed as distributive shares during that month in
calendar year 1995.
STEP TWO: Determine the total amount of revenue that the
department has certified as distributive shares for that month
under section 17 of this chapter for the calendar year.
STEP THREE: Subtract the STEP ONE result from the
STEP TWO result.
STEP FOUR: If the STEP THREE result is less than or
equal to zero (0), multiply the STEP TWO result by the ratio
established under subdivision (1).
STEP FIVE: Determine the ratio of:
(A) the maximum permissible property tax levy under
IC 6-1.1-18.5, IC 12-19-7, and IC 12-19-7.5 for each civil
taxing unit for the calendar year in which the month falls,
plus, for 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; divided by
(B) the sum of the maximum permissible property tax
levies under IC 6-1.1-18.5, IC 12-19-7, and IC 12-19-7.5
for all civil taxing units of the county during the calendar
year in which the month falls, and an amount equal to the
property taxes imposed by the county in 1999 for the
county's welfare fund and welfare administration fund.
STEP SIX: If the STEP THREE result is greater than zero
(0), the STEP ONE amount shall be distributed by
multiplying the STEP ONE amount by the ratio established
under subdivision (1).
STEP SEVEN: For each taxing unit determine the STEP
FIVE ratio multiplied by the STEP TWO amount.
STEP EIGHT: For each civil taxing unit determine the
difference between the STEP SEVEN amount minus the
product of the STEP ONE amount multiplied by the ratio
established under subdivision (1). The STEP THREE excess
shall be distributed as provided in STEP NINE only to the
civil taxing units that have a STEP EIGHT difference greater
than or equal to zero (0).
STEP NINE: For the civil taxing units qualifying for a
distribution under STEP EIGHT, each civil taxing unit's
share equals the STEP THREE excess multiplied by the ratio
of:
(A) the maximum permissible property tax levy under
IC 6-1.1-18.5, IC 12-19-7, and IC 12-19-7.5 for the
qualifying civil taxing unit during the calendar year in
which the month falls, plus, for 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;
divided by
(B) the sum of the maximum permissible property tax
levies under IC 6-1.1-18.5, IC 12-19-7, and IC 12-19-7.5
for all qualifying civil taxing units of the county during the
calendar year in which the month falls, and an amount
equal to the property taxes imposed by the county in 1999
for the county's welfare fund and welfare administration
fund.
As added by P.L.42-1994, SEC.10. Amended by P.L.98-1995, SEC.1;
P.L.273-1999, SEC.72; P.L.283-2001, SEC.5; P.L.120-2002, SEC.5;
P.L.255-2003, SEC.5; P.L.234-2005, SEC.5.
Last modified: May 28, 2006