Note: This version of section effective until 7-1-2027. See also following version of this section, effective 7-1-2027. 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. IC 6-3.6-9-9 Summary of calculations used to determine certified distributions; contents Note: This version of section effective 7-1-2027. See also preceding version of this section, effective until 7-1-2027. 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; and (3) adjustments for clerical or mathematical errors in prior years.
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