Sec. 9. The budget agency shall provide the adopting body with an informative summary of the calculations used to determine the certified distribution. The summary of calculations must include:
(1) the amount reported on individual income tax returns processed by the department during the previous fiscal year;
(2) adjustments for over distributions in prior years;
(3) adjustments for clerical or mathematical errors in prior years; and
(4) adjustments for tax rate changes.
As added by P.L.243-2015, SEC.10. Amended by P.L.197-2016, SEC.66; P.L.257-2019, SEC.72.
Structure Indiana Code
Article 3.6. Local Income Taxes
Chapter 9. Distribution of Revenue
6-3.6-9-1. Budget Agency Accounting for Each County; Undistributed Amounts
6-3.6-9-4. Distribution of Revenue to a County; Amount
6-3.6-9-6. Reduction of Certified Amount to Offset Overpayment
6-3.6-9-7. Adjustment of Certified Distribution; Clerical or Mathematical Errors
6-3.6-9-8. Adjustment of Certified Distribution; Tax; Tax Rate
6-3.6-9-9. Summary of Calculations Used to Determine Certified Distributions; Contents
6-3.6-9-11. Deadline for Summary of Calculations; Certification of Additional Information
6-3.6-9-12. Trust Account; Monthly Distributions
6-3.6-9-13. Trust Account; Manner of Distributions; Warrants
6-3.6-9-14. Trust Account; Report of Account Balance
6-3.6-9-15. Trust Account; Excess Balance; Supplemental Distribution; Amount; Allocation
6-3.6-9-16. Allocation and Distribution of a County's Monthly Payment to the Appropriate Entities