§ 36-1-8-17 — Combination or reorganization; budgets, rates, and levies

(a) This section applies to a political
subdivision if:
(1) the political subdivision combines or reorganizes a
department, agency, or function of the political subdivision; and
(2) the political subdivision realizes through the combination or
reorganization a:
(A) savings; or
(B) reduction in the reasonably foreseeable expenses that would
otherwise have been incurred by the political subdivision if the
combination or reorganization had not taken place.
(b) The fiscal body of a political subdivision shall specify by
resolution the amount (if any) of the decrease that the department of
local government finance shall make to the maximum permissible
property tax levies, maximum permissible property tax rates, and
budgets under IC 6-1.1-17 and IC 6-1.1-18.5 of a political subdivision
described in subsection (a) to:
(1) eliminate double taxation by different political subdivisions
for services; or
(2) eliminate any excess by which the amount of property taxes
imposed by the political subdivision exceeds the amount
necessary to pay for services.
(c) The fiscal body of the political subdivision shall determine and
certify to the department of local government finance the amount of the
adjustment (if any) to be made under subsection (b).

Legislative History

As added by P.L.58-2011, SEC.2. Amended by P.L.255-2013, SEC.3.