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To: From: Subject: Date: October accounts date the H Following “At the 2 necessary disbursed balance, t fund bala taxing un The perce based on HEA100 HEA100 will be us county au If the HE to the tax disbursem If the HE withheld Decembe End of ex Included HEA100 workshee HSC exis Count Dan B HEA1 Octob 19, 2010 an a joint memor HEA1001-20 g is an excerp 2013 pay 2014 y by the coun d or replenish then the bala ance is a nega nits. entage of the each taxing 1-2008 Hom 1-2008 Hom sed to calcula uditor’s offic EA1001-2008 xing units wil ment will be r EA1001-2008 from each ta er Settlement xcerpt. as an attachm 1-2008 HSC ets are works sted and the f ty Auditors Bastin, Settle 1001-2008 H ber 30, 2014 auditor of sta randum was 008 Homeste pt from the O 4 December nty auditor, th hed. If the H ance will be d ative balance e fund balanc unit’s share o mestead Credi mestead Credi ate the taxing e to calculate 8 Homestead ll be separate receipted by 8 Homestead axing unit wil t Form 22 Ce ment to the e Abstract dat sheets for ea fourth works ement Direct Homestead C ate, departme issued design ead Credit (H October 19, Settlement, he HEA1001 HEA1001-20 disbursed to t , then the ba ce to either d of the 2007 p it. The 2007 it abstract am g unit percen e the taxing u d Credit Fund e from the D each taxing u d Credit Fund ll be deducte ertificate of T email that inc ta. The work ch of the thr sheet is a wor tor Credit Fund B ent of local g nating the De HSC) Fund b 2010 memor or at a later D 1-2008 Home 08 Homestea taxing units. alance will be disburse or w pay 2008, 200 7 pay 2008, 20 mounts and p tages. The a unit percenta d balance is a ecember Sett unit to the ta d balance is a ed from each Tax Distribut cluded this m kbook contai ree years (200 rksheet summ Balance government f ecember 201 alance can b randum; December Se estead Credi ad Credit fun If the HEA e replenished withhold from 08 pay 2009 008 pay 2009 property tax r auditor of sta ages. a positive bal tlement distr axing unit’s le a negative ba h taxing unit’s tion.” memorandum ins four wor 08, 2009 and marizing the finance and s 14 settlement e closed out. ettlement, if t Fund balan nd balance is A1001-2008 H by withhold m each taxing and 2009 pa 9 and 2009 p rates for each ate’s office w lance, then th ributions and evy excess fu alance, then t s general fun m is a workbo ksheets, thre d 2010) the H three years. state board o t as the earlie . determined nce will be s a positive Homestead C ding money fr g unit will be y 2010 pay 2010 h of those ye will work with he disbursem d the fund ba und. the amounts nd on the ook containin ee of the HEA1001-200 of est Credit from ears h each ments alance ng 08 ---PAGE BREAK--- The sum percentag taxing un The state You will columns STATE H Township total of th column. or town l Taxing D STATE H or town l applicable combined Through School un the “HEA column. combined 2008 Thr decimal p Library u the “HEA column. combined 2008 Thr decimal p City and t and the to 2010 Tot and divid CREDIT calculatio Special ta special di HOMEST District a combined Through decimal p mmary works ge that will nit or fund sh e funds and c need to calcu that are appl HOMESTEA p unit percen he “HEA 100 A couple of located within District amoun HOMESTEA located within e Taxing Dis d amount by Pay 2010 To nit percentag A 1001-2008 Combine th d amount by rough Pay 20 places. unit percentag A 1001-2008 Combine th d amount by rough Pay 20 places. town unit pe otal of the “H tal” column. de the combin T Pay 2008 T on out to six axing district istrict taxing TEAD CRE amounts that d amount by Pay 2010 To places. sheet is the be applied a hare of the H ounty taxing ulate the othe licable to the AD CREDIT ntages are cal 01-2008 STA f examples of n the townsh nt shown in AD CREDIT n the townsh strict amount the total of otal” column ges are calcul STATE HO e Taxing Dis the total of 010 Total” co ges are calcul STATE HO e Taxing Dis the total of 010 Total” co ercentages are HEA 1001-2 Combine th ned amount hrough Pay 2 decimal plac and/or fund or fund colu EDIT Pay 200 are applicab the total of otal” column worksheet t against the H HEA1001-200 g unit percent er taxing uni taxing unit o T Pay 2008 T lculated by u ATE HOME f calculating a hip, then the the Townshi T Pay 2008 T hip, then the ts shown in t the “HEA 10 n. Carry the c ated by using OMESTEAD strict amount the “HEA olumn to dete lated by using OMESTEAD strict amount the “HEA olumn to dete e calculated b 2008 STATE he Taxing Dis by the total o 2010 Total” es. d percentages umn or colum 08 Through P ble to the spe the “HEA 10 n to calculate to be used HEA1001-20 08 HSC Fund tages are alre t and fund p or fund and t Through Pay sing the amo ESTEAD CR a township u percentage i ip column by Through Pay percentage i the Township 001-2008 ST calculation ou g the amount D CREDIT P ts that are ap 1001-2008 ST ermine the p g the amoun D CREDIT P ts that are ap 1001-2008 ST ermine the p by using the HOMESTE strict amoun of the “HEA column to de s are calculat mns and the t Pay 2010 To cial taxing di 001-2008 ST the percenta to calculate 008 HSC Fu d balance. eady calculate ercentages b the total amo 2010 Total” ounts in the T REDIT Pay 2 unit percentag is calculated b y the total of 2010 Total” is calculated b p column fol TATE HOME ut to six deci ts in the Scho Pay 2008 Thr pplicable to th TATE HOM percentage. C nts in the Lib Pay 2008 Thr pplicable to th TATE HOM percentage. C amounts in t EAD CREDI nts that are ap EA 1001-2008 etermine the ted by using t total of the “ otal” column. istrict and/or TATE HOME age. Carry th each taxing und balance ed in the sum by using the a ount of the “ ” column. Township co 2008 Through ge are; if by dividing t f the “HEA 1 ” column ) by first comb llowed by div ESTEAD CR imal places. ool column a rough Pay 20 he school an MESTEAD C Carry the calc rary column rough Pay 20 he library and MESTEAD C Carry the calc the City and IT Pay 2008 pplicable to t 8 STATE HO e percentage. the amounts “HEA 1001-2 . Combine t r fund and d ESTEAD CR he calculation Page 2 g unit’s or f to determin mmary works amounts from “HEA 1001-2 olumn and th h Pay 2010 T there is not a the applicable 1001-2008 ) if there is a bining the viding the REDIT Pay and the total 010 Total” nd divide the CREDIT Pay culation out t and the tota 010 Total” d divide the CREDIT Pay culation out t Town colum Through Pa the city or tow OMESTEAD Carry the in the applic 2008 STATE the Taxing divide the REDIT Pay n out to six 2 of 3 fund’s ne the sheet. m the 2008 he Total” a city e a city 2008 of y to six al of y to six mn y wn D cable E 2008 ---PAGE BREAK--- Once all determine small amo 1.000000 of the per equal 1.00 Once it h percentag Each taxi multiplyin to verify t equal the the differ is more th As ment positive a excess fun Settlemen tax alloca amounts If the HE balance is Tax Distr made aga excise tax If you hav of the taxing e if the sum ount; a small by a small am rcentages aft 00000 by mo has been verif ges to determ ing unit’s or ng the fund b that the sum balance by a rence is a sma han a small a ioned in the amount, then nd. This dis nt distributio ation amount distributed a EA1001-2008 s shown as a ribution Form ainst the tran x allocation. ve questions g unit and fun of the percen l amount is a mount, then ter the adjust ore than a sm fied that the mine each tax fund’s share balance times m equals the H a small amou all amount th amount, then October 19, n each taxing tribution will n, except for t and sent to are disbursed 8 HSC Fund deduction fr m 22, except sportation fu The amount please send nd percentag ntages equals nything equa adjust the la tment does eq mall amount, t sum of the p xing unit’s or of the HEA s the percent HEA1001-20 unt; a small am hen adjust th n recheck the 2010 memo unit’s share l be made to r the state am the auditor o d from the HE balance is a rom the taxin t for the scho und and for t ts deducted a them to sett ges have been s 1.000000. T al to or less th argest percen qual 1.00000 then recheck percentages e fund’s share A1001-2008 H tage Sum the 008 HSC bala mount is a di he largest shar e calculations orandum if th of the balanc the taxing u mount. The s of state as pa EA1001-200 negative amo ng unit’s gene ool units and the state the d are quietus to lements@au n calculated, The sum may than .000009 ntage by the s 00. If the sum k the percent equals 1.0000 e of the HEA HSC Fund ba e taxing unit ance. The su ifference equ re by the sm s. he HEA1001 ce is distribu unit separate state amount art of the sch 08 HSC Fund ount, then ea eral fund on the state. F deduction is o the HEA10 uditor.in.gov sum the perc y not equal 1 If the sum small amount m of the perc tage calculatio 000, use the v A1001-2008 H alance is dete or fund shar um of the sha ual to or less mall amount. -2008 HSC F uted to the ta from the De t is added to hool excise ta d. ach taxing un the taxing u or schools th made agains 001-2008 HS Page 3 centages to 1.000000 by a does not equ t so that the centages doe ons. verified HSC balance ermined by res of the bal ares may not than $0.05. If the differe Fund balance xing unit’s le ecember the school e ax allocation. nit’s share of unit’s Certific he deduction st the school SC Fund. 3 of 3 a ual sum es not e. lance t If ence e is a evy excise The f the ate n is