Current through P.L. 171-2024
Section 6-1.1-18.5-28 - Sugar Creek Township Fire Protection District; maximum levies(a) This section applies only to the Sugar Creek Township Fire Protection District in Vigo County.(b) Subject to subsection (c), the executive of a district described in subsection (a) may, after approval by the fiscal body of the district, and before August 1, 2023, submit a petition to the department of local government finance requesting an increase in the district's maximum permissible ad valorem property tax levy for property taxes first due and payable in 2024.(c) Before the fiscal body of the district may approve a petition under subsection (b), the fiscal body of the district shall hold a public hearing on the petition. The fiscal body shall give notice of the public hearing under IC 5-3-1. At the public hearing, the fiscal body shall make available to the public the following:(1) A fiscal plan describing the need for the increase to the levy and the expenditures for which the revenue generated from the increase to the levy will be used.(2) A statement that the proposed increase will be a permanent increase to the district's maximum permissible ad valorem property tax levy.(3) The estimated effect of the proposed increase on taxpayers. After the fiscal body approves the petition, the district shall immediately notify the other civil taxing units and school corporations in the county that are located in a taxing district where the district is also located.
(d) If the executive of the district submits a petition under subsection (b), the department of local government finance shall increase the maximum permissible ad valorem property tax levy for property taxes first due and payable in 2024 by not more than one hundred fifty thousand dollars ($150,000).(e) The district's maximum permissible ad valorem property tax levy for property taxes first due and payable in 2024, as adjusted under this section, shall be used in the determination of the district's maximum permissible ad valorem property tax levy under IC 6-1.1-18.5 for property taxed first due and payable in 2025 and thereafter.(f) This section expires June 30, 2028.Amended by P.L. 236-2023,SEC. 33, eff. 5/4/2023.Added by P.L. 174-2022,SEC. 38, eff. 7/1/2022.