Full Text
TAX TYPE: COUNTY ECONOMIC DEVELOPMENT INCOME TAX COUNTY: ALLEN CERTIFIED DISTRIBUTION BEFORE ADJUSTMENTS IC 6-3.5-7-11(b) AMOUNT REPORTED ON INDIVIDUAL INCOME TAX RETURNS PROCESSED BETWEEN JULY 1, 2011 AND JUNE 30, 2012 $30,235,292 CERTIFIED DISTRIBUTION BEFORE ADJUSTMENTS $30,235,292 ADJUSTMENTS IC 6-3.5-7-11(d) STATUTORY ADJUSTMENTS FOR NEGATIVE BALANCE $0 IC 6-3.5-7-11(e) ADJUSTMENT FOR CLERICAL OR MATHEMATICAL ERRORS IN ANY PRIOR YEAR $0 IC 6-3.5-7-11(f) ADJUSTMENT FOR INITIAL IMPOSITION OF THIS TAX FOR LOCALLY PROVIDED HOMESTEAD CREDITS PURSUANT TO IC 6-3.5-7-26 $0 IC 6-3.5-7-11(g) ADJUSTMENT FOR INITIAL IMPOSITION OF THIS TAX OR RATE CHANGE FOR THIS TAX $0 TOTAL ADJUSTMENTS $0 CERTIFIED DISTRIBUTION AFTER ADJUSTMENTS $30,235,292 BREAKDOWN OF CERTIFIED DISTRIBUTION DISTRIBUTIVE SHARES $30,235,292 CEDIT HOMESTEAD CREDITS $0 CEDIT FOR CORRECTIONAL FACILITIES $0 TOTAL $30,235,292 TAX RATES UPON WHICH THIS CERTIFICATION IS BASED TAX RATE UNDER IC 6-3.5-7-5 0.400% TAX RATE UNDER IC 6-3.5-7-24 0.000% TAX RATE UNDER IC 6-3.5-7-26 0.000% TAX RATE UNDER IC 6-3.5-7-27.5 0.000% TOTAL TAX RATE 0.400% COUNTY ECONOMIC DEVELOPMENT INCOME TAX ACCOUNT BALANCE FOR YOUR COUNTY AS OF DECEMBER 31, 2010 -$5,024,256 ESTIMATED ACCOUNT BALANCE FOR YOUR COUNTY AS OF DECEMBER 31, 2011 $752,902 LESS CY 2011 LOIT AMOUNT DISTRIBUTED ON APRIL 5, 2012 $2,973,184 EQUALS: ADJUSTED ESTIMATED ACCOUNT BALANCE AS OF DECEMBER 31, 2011 -$2,220,282 $0 IC 6-3.5-7-17.3 REQUIRES AN ENTITY RECEIVING A DISTRIBUTION OF AN EXCESS BALANCE TO DEPOSIT THAT DISTRIBUTION IN A RAINY DAY FUND ESTABLISHED UNDER IC 36-1-8-5.1. THIS REPORT HAS BEEN PREPARED PURSUANT TO IC 6-3.5-7-17(b) PREPARED BY: INDIANA STATE BUDGET AGENCY CERTIFIED DISTRIBUTION YEAR: 2013 DATE PREPARED: 8/3/2012 EXCESS ACCOUNT BALANCE TO BE DISTRIBUTED IN JANUARY 2013 PURSUANT TO IC 6-3.5-6-17.3