Indiana Code
Chapter 17. Procedures for Fixing and Reviewing Budgets, Tax Rates, and Tax Levies
6-1.1-17-2. Budget Estimates

Sec. 2. (a) When formulating an annual budget estimate, the proper officers of a political subdivision shall prepare an estimate of the amount of revenue which the political subdivision will receive from the state for and during the budget year for which the budget is being formulated. These estimated revenues shall be shown in the budget estimate and shall be taken into consideration in calculating the tax levy which is to be made for the ensuing calendar year. However, this section does not apply to funds to be received from the state or the federal government for:
(1) township assistance;
(2) unemployment relief;
(3) old age pensions; or
(4) other funds which may at any time be made available under "The Economic Security Act" or under any other federal act which provides for civil and public works projects.
(b) When formulating an annual budget estimate, the proper officers of a political subdivision shall prepare an estimate of the amount of revenue that the political subdivision will receive under a development agreement (as defined in IC 36-1-8-9.5) for and during the budget year for which the budget is being formulated. Revenue received under a development agreement may not be used to reduce the political subdivision's maximum levy under IC 6-1.1-18.5 but may be used at the discretion of the political subdivision to reduce the property tax levy of the political subdivision for a particular year.
[Pre-1975 Property Tax Recodification Citation: 6-1-45-1 part.]
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.50-1996, SEC.2; P.L.73-2005, SEC.1; P.L.199-2005, SEC.12; P.L.1-2006, SEC.135.

Structure Indiana Code

Indiana Code

Title 6. Taxation

Article 1.1. Property Taxes

Chapter 17. Procedures for Fixing and Reviewing Budgets, Tax Rates, and Tax Levies

6-1.1-17-0.3. "Nonconforming"; Application

6-1.1-17-0.5. Exclusion by County Auditor of Certain Assessed Value on Tax Duplicate; County Auditor Reduction of Assessed Value Used to Set Tax Rates; Limitation on Reduction; Reduction May Not Be Offered as Evidence in Appeal

6-1.1-17-0.7. Estimates of Debt Service; Property Tax Rates and Revenue; Report of Annexations

6-1.1-17-1. County Auditor Certified Statement; Amendment of Statement; Submission of Parcel Level Data

6-1.1-17-2. Budget Estimates

6-1.1-17-3. Formulation of Local Budgets, Tax Rates, and Levies; Public Notice; Availability on Computer Gateway; Solid Waste Management Districts; Township Trustee Estimate of Cost of Township Assistance

6-1.1-17-3.5. Repealed

6-1.1-17-3.6. County Fiscal Body Review of Levy Limits and Tax Reductions From Credits; Meeting by County Fiscal Body; Recommendations

6-1.1-17-3.7. Repealed

6-1.1-17-4. Repealed

6-1.1-17-5. Time for Meetings; Objections; Required Information; Carryover; Information on Adopting Document

6-1.1-17-5.1. Repealed

6-1.1-17-5.2. Veto of Ordinance After October 1

6-1.1-17-5.3. School Corporation Anticipated Transfer Amount

6-1.1-17-5.6. School Corporation Resolutions to Adopt Fiscal Year Budgets

6-1.1-17-6. Repealed

6-1.1-17-7. Multiple County Political Subdivision; Filing Budget, Tax Levy, and Tax Rate

6-1.1-17-8. Repealed

6-1.1-17-8.5. Review by Department if Assessed Value Reduced; Appeal

6-1.1-17-9. Repealed

6-1.1-17-10. Repealed

6-1.1-17-11. Repealed

6-1.1-17-12. Repealed

6-1.1-17-13. Repealed

6-1.1-17-14. Repealed

6-1.1-17-15. Repealed

6-1.1-17-16. Department of Local Government Finance Certification of Tax Rates, Tax Levies, and Budgets; Public Hearing Requests; Deadline for Completion; Limitations on Levy for Lease Payments; Judicial Review of Department Action

6-1.1-17-16.1. Political Subdivision Budget, Tax Rates, Levies; Public Hearing Request

6-1.1-17-16.2. No Approval of Budget or Supplemental Appropriations Due to Noncompliance

6-1.1-17-16.2-b. Certain Reports Required Before Approval of Budgets and Supplemental Appropriations

6-1.1-17-16.5. Cumulative Building or Sinking Fund Proposal; Action by Department of Local Government Finance

6-1.1-17-16.7. Proposals to Establish Cumulative Funds or Sinking Funds; Submission to Department of Local Government Finance

6-1.1-17-17. Increase in Tax Rate and Levy by Department of Local Government Finance

6-1.1-17-18. Repealed

6-1.1-17-19. Conflicting Provisions

6-1.1-17-20. Review of Proposed Budget and Levy of Taxing Unit (Other Than Public Libraries) Without an Elected Governing Body by City, Town, or County Fiscal Body

6-1.1-17-20.3. Review of Proposed Budget and Levy of Public Libraries Without an Elected Governing Body by City, Town, or County Fiscal Body

6-1.1-17-20.4. Review of Proposed Budget and Levy of Public Libraries With Excessive Cash Balance of Funds Derived From Tax Revenue

6-1.1-17-20.5. Circumstances Under Which a Taxing Unit's Proposed Bonds or Lease Must Be Reviewed by the City, Town, or County Fiscal Body

6-1.1-17-20.6. Reporting the City, Town, or County Fiscal Body That Receives a Public Library's Proposed Budget to the Indiana State Library; Declaratory Judgment

6-1.1-17-21. Powers and Duties of City Controller in Consolidated City

6-1.1-17-22. Operating Balance in Debt Service Fund