Resolution 22-18

Resolution 22-18 proposes an ordinance to the Momoe County Local Income Tax Council that would modify the allocation of tax revenues between two components of the Local Income Tax Expenditure tax rate. This reallocation will affect the public safety answering point (PSAP) and general public safety (Public Safety) allocations authorized under Indiana Code§ 6-3.6-6-8, without changing other components of the Expenditure Rate or the Expenditure Rate overall. With adoption of the ordinance, the allocation for the PSAP would decrease to 0.0631 % (representing 25.259% of the total), and the allocation for Public Safety would increase to 0.1869% (representing 74.74% of the total). The reallocation follows the recommendation of the Public Safety Local Income Tax Committee of the County Local Income Tax Council and would go into effect on January 1, 2023.