NOTICE TO TAXPAYERS
HEARING ON PROPOSED LOCAL INCOME TAX
ORDINANCE # 2022-16
Notice is hereby given to the taxpayers of Wells County, Wells, County, Indiana, that the Wells County Council will consider at the Annex Meeting Room, 223 W. Washington St., Bluffton, IN at 7:00 o’clock pm on September 6, 2022, the following proposed ordinance regarding the local income tax imposed within Wells County.
ORDINANCE# 2022-16
ORDINANCE MODIFYING LOCAL INCOME TAX RATES
WELLS COUNTY
BE IT ORDAINED by the County Council of Wells County that a need now exists to modify the local income tax rates imposed in the following way:
Existing LIT Proposed LIT
Allocation Rate Category Rate Rate
Certified Shares (IC 6-3.6-6) 1.4% 1.4%
Public Safety (IC 6-3.6-6) .15% .15%
Economic Development (IC 6-3.6-6) .25% .25%
Property Tax Relief Rate1 (IC 6-3.6-5) .23% .23%
Special Purpose Rate2 (IC 6-3.6-7- ) 0% 0%
Correctional or Rehabilitation Facilities3 .07% .07%
(IC 6-3.6-6-2. 7)
Emergency Medical Service4 (IC 6-3.6-6-2.8) 0% 0%
Note 1: Units are encouraged to consider both the county property tax relief LIT rate and the application of properly tax relief between the allocation categories.
Note 2: If a unit is adopting a Special Purpose Rate, the unit must provide the IC for the rate.
Note 3: This is new option for 2018 passed under HEA 1263. The tax rate must be in increments of one-hundredth of one percent (0.01 %) and may not exceed two-tenths of one percent (0.2%). This tax rate may only be imposed by a county fiscal body.
Note 4: This is a new option for 2022 passed under HEA 1246. The tax rate must be in increments of one-hundredth of one percent (0.01%) and may not exceed two-tenths of one percent (0.2%). This tax rate may only be imposed by a county fiscal body. The option is only available to counties that (1) provide emergency medical services for all local units in the county; and (2) pay one hundred percent (100%) of the costs to provide those services.
Property Tax Credit Existing Proposed
Allocation Categories Percent Percent
(IC 6-3.6-5-6) of Revenue of Revenue4
All Property Tax Allocation Categories % %
1% Allocation Type: 50% 85%
Homesteads eligible for a credit under
IC 6-1.1-20.6-7.5.
2% Allocation Type % 15%
Residential property, agricultural land, long-term
care property, and other tangible property
eligible for a credit under IC 6-1.1-20.6-7.5.
3% Allocation Type % %
Nonresidential real property, personal property,
and other tangible property eligible for a credit
under IC 6-1.1-20.6-7.5.
Residential property, as defined in IC 6-1.1-20.6-4. % %
Qualified Residential Property 50%
Refers to any of the following, apartment complex,
homestead, or residential rental property5
Note 4: As per IC 6-3.6-5-6(e), a county may allocate property tax relief to all or any number of categories, but the overall percentage in the Proposed Percent of Revenue column must sum to 100%.
Note 5: Qualified Residential Property is no longer an option for Property Tax Relief. The row is being added to the template to allow counties still using the designation to report their current configuration as they change to an active Property Tax Relief option available under IC 6-3.6.
OPTIONAL: FOR LEVY FREEZE COUNTIES ONLY
The expenditure rate includes a rate associated with a levy freeze rate previously imposed under the former local option income tax statutes.
Allocation Rate Category Existing LIT Rate Proposed LIT Rate
Certified Shares (IC 6-3.6-6) % %
The levy freeze rate after adoption will be as follows:
Local Income Tax Type Existing Rate Proposed Rate
Levy Freeze Rate .40% .40%
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BE IT FURTHER ORDAINED that a public hearing was held on the proposed local income tax rate modifications on September 6, 2022. Proper notice of the public hearing was provided pursuant to IC 5-3-1.
Duly adopted by the following vote of the members of said Wells County Council this 6th day of September, 2022.
AYE NAY
Attest: , Fiscal Officer
After the public hearing, the Wells County Council may take action on the proposed ordinance. There is no remonstrance opportunity on any action taken on the proposed ordinance. The public hearing identified above is the taxpayer’s opportunity to express concerns and ask questions on the proposed ordinance.
Dated this 2nd day of August, 2022.
Wells County Council
oj, nb 8/18
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