Tax & Accounting Blog

Local Government Reorganization In Indiana

Blog, ONESOURCE, ONESOURCE Property Tax May 24, 2013

Effective 07/01/2013, the bill specifies:

  • After a reorganization a political subdivision may establish funds and impose tax levies
  • A merged township may use funds to pay the indebtedness of the new government, make improvements to infrastructure, transfer funds to a transportation corporation, improve fire departments, establish an equipment replacement fund and reduce terms of township trustees
  • The bill provides for the merging of departments and agencies to double taxation