Citations Affected: IC 20-14-7-6.
Synopsis: Willard Library governance. Allows a county library board
to levy a tax for certain public libraries.
Effective: July 1, 2005.
January 20, 2005, read first time and referred to Committee on Rules and Legislative
A BILL FOR AN ACT to amend the Indiana Code concerning
one and sixty-seven hundredths cents ($0.0167) upon each one hundred
dollars ($100) of the assessed valuation of all the real and personal
property in the city.
When the city levies this tax, it shall be treated as
if it was a public library for purposes of IC 6-1.1-18.5-13, and it may
increase its levy to the same extent as a public library under that
section. The trustees shall annually submit a budget to the library
board established under IC 20-14 for review.
(c) The tax shall be paid to the trustees of the library and the trustees shall expend the tax for the support, operation, and maintenance of the library described in this section. The trustees shall keep the tax separate from all other funds. The trustees shall record the amount of taxes received, to whom and when paid out, and for what purpose in a book kept by them. The trustees shall make an annual report of these matters to the legislative body of the city.
(d) As used in this subsection, "public library" refers to a public library described in subsection (a). For purposes of the property tax levy limits under IC 6-1.1-18.5, the levy imposed under this section does not include the calculation of the maximum permissible property tax levy for the public library that imposes a levy under this section. For purposes of computing the ad valorem property tax limits imposed by IC 6-1.1-18.5, the public library's ad valorem property tax levy for a particular year does not include that part of the levy that is levied under this section. For purposes of calculating the maximum permissible ad valorem property tax levy of the city described in subsection (a) for 2006, the department of local government finance shall adjust the maximum permissible ad valorem property tax levy for the preceding calendar year by the amount necessary to eliminate the effect of transferring the levy under this section to the county library board. For purposes of determining the county library board's distributive share in the county option income tax, the public library is not entitled to a distribution under IC 6-3.5-6-18(g).