MEMORANDUM
To: Micah Vincent,
Commissioner
Department of Local Government Finance
From:
Bob Lain, Assistant Director
Tax and Revenue Division
Date:
July 2, 2013
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 2014.
The growth quotient for CY 2014 is 2.600%. The supporting documentation is
contained in the attached file.
