SBA Publishes County Balance Reports

STATE BUDGET AGENCY
MEMORANDUM

To:       County Auditors

From:   Bob Lain, Assistant Director

            Tax and Revenue Division

Date:   August 15, 2013

Subj:    County balance reports

IC 6-3.5-1.1-21 (County Adjusted Gross Income Tax), IC 6-3.5-6-17.2 (County Option Income Tax), and IC 6-3.5-7-10.5 (County Economic Development Income Tax) require the State Budget Agency to annually report on local income tax balances. The reports showing final balances as of December 31, 2011 and estimated balances as of December 31, 2012 can be accessed using the link below. Please note that the December 31, 2012 balances will be updated and finalized in early 2014 upon the completion of the 2013 tax return filing season.

SBA: Local Option Income Tax Balance Reports Through 2011 Actual and 2012 Estimated - August 2013

Should you have questions or need additional information, please contact me at blain@sba.in.gov or (317) 232-3471.