MEMORANDUM
To: Brian Bailey, Commissioner
Department of Local Government Finance
From: Bob Lain, Assistant Director
Tax and Revenue Division
Date: June 28, 2012
Subj: Assessed valuation growth quotient
The State Budget Agency has calculated the assessed valuation growth quotient pursuant to I.C. 6-1.1-18.5-2(b) for property tax levies first due and payable in CY 2013. The growth quotient for CY 2013 is 2.800%. The supporting documentation is contained in the attached file.
http://www.in.gov/dlgf/files/120628_-_SBA_Memo_for_CY_2013_calculation.pdf