Sec. 12. (a) Subject to subsection (b), the officers of the new township government shall: (1) obtain from the department of local government finance approval under IC 6-1.1-18.5-7 of: (A) a budget; (B) an ad valorem property tax levy; and (C) a property tax rate; (2) fix the annual budget under IC 6-1.1-17 ; (3) impose a property tax levy; and (4) take any action necessary to ensure the collection of fees and other revenue; for the new township government for the budget year following the year the officers take office. (b) The resolutions approving the township government merger under this chapter must specify 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 the new township to: (1) eliminate double taxation for services or goods provided by the new township; or (2) eliminate any excess by which the amount of property taxes imposed by the new township exceeds the amount necessary to pay for services or goods provided under this article. (c) The fiscal body of the new township shall determine and certify to the department of local government finance the amount of the adjustment (if any) under subsection (b). The amount of the adjustment (if any) to be made under subsection (b) must comply with the resolutions approving the township government merger. IC 36-6-1.6 Chapter 1.6. Dissolution of Township Government Merger 36-6-1.6-1 "Merged township government" 36-6-1.6-2 "Reestablished township government" 36-6-1.6-3 Petition to reestablish township government 36-6-1.6-4 Restrictions on dissolving merged township government 36-6-1.6-5 Dissolution effective upon election and qualification of officers 36-6-1.6-6 Dissolution effective date; former township governments reestablished; property, functions, and indebtedness transferred 36-6-1.6-7 Provisions concerning state and federal licensing, rules, regulations, and governmental assistance 36-6-1.6-8 Resolutions, rules, and bylaws of merged township continue 36-6-1.6-9 Transfer of funds to reestablished township governments 36-6-1.6-10 Budget, levy, and tax rate of reestablished township government
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.