Report to the Indiana General Assembly: Local Fiscal Review (2008 HEA 1001) Local Government Consolidation (IC 36-1.5)
Date
2009-01
Authors
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Journal ISSN
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Found At
IUPUI (Campus). Center for Urban Policy and the Environment
Abstract
The Indiana General Assembly passed HEA 1001 that established new fiscal review responsibilities for municipal and county fiscal bodies in 2008. Except for counties and schools, units proposing property tax levies are required to submit their proposed budgets to the appropriate county council for a non-binding recommendation (IC 6-1.1-17-3.5). Governing bodies made up of a majority of non-elected officials must submit their budgets to an elected council (county or municipal) for approval if their budgets increase more than the assessed value (AV) growth quotient (IC 6-1.1-17-20). These changes were implemented by local governments for 2009 budgets that were adopted in the fall and winter of 2008.
Description
Keywords
Local government, Public finance, Intergovernmental
Cite As
http://www.policyinstitute.iu.edu/PubsPDFs/09-C01a%20web%20version.pdf