Hancock County task force seeks legislative flexibility on LIT caps to avoid funding gaps
A Hancock County municipal task force recommended postponing final local-rate decisions until state statutes and revenue data are clarified and asked the legislature to allow flexibility in allocating non-municipal caps so townships, libraries and public safety are not left underfunded.
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Hancock County’s municipal task force voted to hold off formal rate decisions and urged state lawmakers to allow the county more flexibility in how local income-tax caps are allocated so that townships, libraries and fire/EMS services do not face shortfalls. Greg Gerritage, the county’s financial director, said the group’s priority is to “make everybody whole,” meaning replacement at least of current LIT receipts but with safeguards so other taxing units are not harmed.
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