Tax & Accounting Blog

Indiana Township and Municipal Matters

Blog, ONESOURCE, ONESOURCE Property Tax May 30, 2013

If a township assistance property tax levy in Indiana is more than the statewide average township assistance property tax levy, then the Department of Local Government Finance must:

  • Remove the township assistance property tax levy from the maximum property tax levy for the township’s general fund
  • Require the township to separate its township assistance property tax levy into two property tax levies, and
  • Calculate a separate maximum permissible property tax levy for those two tax levies

L. 2013, H1585 (P.L. 234), effective 05/10/2013