Wednesday, July 2, 2014

DLGF Publishes Memorandum on Assessed Valuation Growth Quotient


To:                  Micah Vincent, Commissioner
                        Department of Local Government Finance

From:             Eric Bussis, Assistant Director
                        Tax and Revenue Division

Date:               June 30, 2014

Subject:          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 2015. The growth quotient for CY 2015 is 2.700%. The supporting documentation is contained in the attached file.

If you have any questions regarding this information, please feel free to contact me