the district shall refer its proposed budget, ad valorem property tax
levy, and property tax rate for the following year to the board, which
shall review and set the budget, levy, and rate as though the district
were covered by IC 6-1.1-18.5-7.
(e) This subsection applies to a city, town, or township
if a unit
that by ordinance or resolution withdraws from the district. or rescinds
its election to have its public safety agencies served by the district. the
local government tax control board shall reduce the maximum
permissible ad valorem property tax levy of the district for property
taxes first due and payable during the year after the adoption of the
ordinance or resolution. The reduction shall be based on the amounts
being levied by the district within that unit. If such an ordinance or
resolution is adopted, The withdrawing unit shall refer its proposed
budget, ad valorem property tax levy, and property tax rate for public
safety communication services to the board, which shall review and set
the budget, levy, and rate as though the withdrawing unit were
covered by IC 6-1.1-18.5-7.
(f) The adjustments provided for in subsections (c), (d), and (e) do not apply to a district or unit located in a particular county if the county fiscal body of that county does not impose an ad valorem property tax levy under subsection (a) to fund the operation of the district.".
Delete page 3.
Renumber all SECTIONS consecutively.
(Reference is to ESB 435 as printed March 23, 2007.)