Abstract
Local income tax (LIT) has become an increasingly important resource for Indiana communities. Each year, many Indiana counties adopt new or reallocate existing LIT rates to meet ever-changing needs. The 2023 legislative session added additional LIT flexibility for jails, EMS, fire protection, courts, and other needs. A new LIT rate may free up funding for roads, but getting it adopted may require cooperation among the county and its municipalities. Join us for a discussion.
Session Number
26
Session Title
Local Income Tax: An Evolving Resource
Track Title
Finance/Administration
Location
RAWL 1086
Date of Version
March 2024
Recommended Citation
Mouser, Andrew O. and Dermody, Tom, "Local Income Tax: An Evolving Resource" (2024). Purdue Road School. 1.
https://docs.lib.purdue.edu/roadschool/2024/presentations/1
Start Date
3-12-2024 2:00 PM
End Date
3-12-2024 2:50 PM
Included in
Local Income Tax: An Evolving Resource
RAWL 1086
Local income tax (LIT) has become an increasingly important resource for Indiana communities. Each year, many Indiana counties adopt new or reallocate existing LIT rates to meet ever-changing needs. The 2023 legislative session added additional LIT flexibility for jails, EMS, fire protection, courts, and other needs. A new LIT rate may free up funding for roads, but getting it adopted may require cooperation among the county and its municipalities. Join us for a discussion.