Indiana § 6-1.1-17-0.7 Estimates of debt service; property tax rates and revenue; report of
annexations

Indiana Statutes

§ 6-1.1-17-0.7 — Estimates of debt service; property tax rates and revenue; report of annexations

Indiana § 6-1.1-17-0.7

Art. 1.1PROPERTY TAXES

Ch. 17Procedures for Fixing and Reviewing Budgets, Tax

This text of Indiana § 6-1.1-17-0.7 (Estimates of debt service; property tax rates and revenue; report of annexations) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 6-1.1-17-0.7 (2026).

Text

7.

(a)Before June 15 of each year after 2019, the fiscal officer of each political subdivision shall provide the department of local government finance with:

(1)an estimate of the total amount of the political subdivision's debt service obligations (as defined in IC 6-1.1-20.6-9.8) that will be due in the last six (6) months of the current year and in the ensuing year; and

(2)a report of any annexations that took place within the county and were effective on or after January 1 of the preceding year but before January 1 of the current year.

(b)Before July 15 of each year after 2017, the department of local government finance shall provide the following to each political subdivision:

(1)An estimate of the maximum property tax rate that may be imposed by the political subdivision for pro

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7. (a) Before June 15 of each year after 2019,
the fiscal officer of each political subdivision shall provide the
department of local government finance with:
(1) an estimate of the total amount of the political subdivision's
debt service obligations (as defined in IC 6-1.1-20.6-9.8) that will
be due in the last six (6) months of the current year and in the
ensuing year; and
(2) a report of any annexations that took place within the county
and were effective on or after January 1 of the preceding year but
before January 1 of the current year.
(b) Before July 15 of each year after 2017, the department of local
government finance shall provide the following to each political
subdivision:
(1) An estimate of the maximum property tax rate that may be
imposed by the political subdivision for property taxes payable in
the ensuing year for each cumulative fund or other fund for which
a maximum property tax rate is established by law.
(2) An estimate of the property tax rates that would be imposed by
the political subdivision for property taxes payable in the ensuing
year for debt service.
(c) The department of local government finance shall before August
1 of each year after 2017 provide to each political subdivision an
estimate of the maximum amount of net property tax revenue and
miscellaneous revenue that the political subdivision will receive in the
ensuing year if the political subdivision's property tax rates are imposed
at the maximum allowed under law and if the political subdivision
imposes the maximum permissible ad valorem property tax levy
allowed under law for the political subdivision. In making each of the
estimates under this subsection, the department of local government
finance shall consider the estimated amount of any credits that will be
granted under IC 6-1.1-20.6 against property taxes imposed by the
political subdivision.