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Establishment of program and percentage of property tax revenue allocated to transferring entities.

Indianapolis-Marion County Revised Code § 231-602
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Sec. 231-602. - Establishment of program and percentage of property tax revenue allocated to transferring entities. Pursuant to IC 6-1.1-47-2(a), the council, as the county fiscal body, hereby establishes that IC 6-1.1-47 shall apply to the Consolidated City and County, effective January 1, 2018. Pursuant to IC 6-1.1-47-2(b), the percentage of property tax revenue to be allocated to transferring entities is hereby set at fifty (50) percent. (G.O. 64, 2017, § 1)
Source: Consolidated City of Indianapolis and Marion County, Revised Code (Municode Library, library.municode.com)URL: https://library.municode.com/in/indianapolis_-_marion_county/codes/code_of_ordinances?nodeId=TITIORAD_CH231DEMEDE_ARTVIALPRTAPAPRTRCEEN_S231-602ESPRPEPRTAREALTRENFetched: 10/27/2026

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