Sec. 3. As used in this chapter, "assessed valuation" of any qualified school corporation means the net assessed value of its real and taxable personal property adjusted by a percentage factor. This factor shall be computed by the department of local government finance on a townshipwide basis for each township in the qualified county and areas assigned to the qualified county for school purposes in the same manner that the department of local government finance computes a factor for the various counties of the state under IC 6-1.1-34. In determining the assessed valuation of any qualified school corporation, the factor for any township shall be applied to the assessed valuation of the real and taxable personal property of each qualified school corporation lying within the township and school areas attached to the township.
[Pre-2006 Recodification Citation: 21-2-13-3(g).]
As added by P.L.2-2006, SEC.168.
Structure Indiana Code
Article 45. General Fund Levies
Chapter 8. Supplemental County Levy; Dearborn County
20-45-8-3. "Assessed Valuation"
20-45-8-4. "Board of County Commissioners"
20-45-8-8. "Paying Qualified School Corporation"
20-45-8-10. "Qualified School Corporation"
20-45-8-11. "Receiving Qualified School Corporation"
20-45-8-13. "Total School Tax Rate"
20-45-8-14. Establishment of Fund
20-45-8-16. Duty; Levy of Countywide Tax
20-45-8-17. Levy in Contiguous Area of Adjacent County
20-45-8-18. Certification; Information Needed to Calculate Levy
20-45-8-20. Application of Other Laws
20-45-8-21. Eligibility for Distribution; Required Minimum Levy
20-45-8-22. Calculation; Tax Levy
20-45-8-23. Distribution; Revenue in Addition to Other Levies
20-45-8-24. Duty; Levy of Countywide Tax; Amount
20-45-8-25. Distribution to School Corporations
20-45-8-26. Budget for Operations Fund
20-45-8-27. Distribution; Revenue in Addition to State Tuition Support