[{"_1":2,"_99":-5,"_100":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6200771,"mediaKeyId","3806328-7541911aaabef6b42a072374709ae9bb","parentId",3806328,"title","Redevelopment commission: TIF areas, Anson project funds and bond payments reviewed","audioSeconds",385,"startMs",6215000,"endMs",6600000,"viewUrl","/Search/View?dp=1&key=3806328-7541911aaabef6b42a072374709ae9bb&start=6215&end=6600","thumbnailUrl","https://assets.pipeline.soar.com/3806328-7541911aaabef6b42a072374709ae9bb/thumbnail_6215000.jpg","articleUrl","/articles/6200771/Boone-County/Indiana/Redevelopment-commission-TIF-areas-Anson-project-funds-and-bond-payments-reviewed","mediaUrl","https://secure.pipeline.soar.com/6200771-00b7ac6740dc5664cef8cbbe2173f6dd/orig.mp4?Expires=1770606985&Signature=JU09UeF0x2dOTT2vff~IPIW8I67jr-uTWaSslTYixSIcnnJaDYcdzwOUItVUykEO3GphzFVmn6O-mCYS4YltFHBh6V2KIFjJlzNRQke802woXUIs0K-uvsZTdaknfp89EkLbqwbHbc4TcSaoKkT5ANL0HwICRN9WL9S8HNzakBK6Jxexhm4mFsKBUlzdnupWdsIwbo8wZHKvo7TZN6wJmqsTQe4mPy0QEg6LnZaM3D8ULcTS8HsEHtB4cx9-LyPIZ1KhT4KBzAMDQMFlWjL7F~TshOpMPtLdcPYyXlkfEcOuPnMS-cZqMQybuaaMBkKSX39fiBnr5CSW~5mwV44gbQ__&Key-Pair-Id=KUT5TJCACFTXG","author","Boone County IN","date","2025-06-12T14:49:31Z","article","A county redevelopment staff member presented the annual update required by state law on tax-increment financing (TIF) activity, bond payments and allocation-area expirations.

The update matters because several temporary allocation areas in Boone County will expire within the next decade and because staff described an internal reallocation that will allow previously paused debt service payments in the Anson redevelopment area to resume. The presenter said the 90 Sixth Street allocation area has about $1 million in available balance; the Anson area was reorganized so surplus revenues from the southern retail portion (Area 1) can be used to meet debt service in the northern industrial portion (Area 2).

Staff said Area 1 generated excess revenues that were applied to outstanding obligations and that, under current projections shared with the council and developers, payments on 2013 and 2015 bond series for the Anson northern area should resume and the bonds are expected to be paid off well before 2035 under the present scenario. The presenter also noted timing issues in the Medco TIF area related to late taxpayer payments that caused apparent timing mismatches between receipts and expenditures in the records; staff said those are administrative timing issues and are being addressed.

The report included a summary schedule of allocation areas and their expiration dates; staff highlighted that most listed allocation areas will expire within the next 10 years, and the newly created State Road 47 allocation area will extend beyond that horizon. No new TIF actions or bond issuances were approved at the meeting; the presentation was informational.

Ending: Staff said it will update the TIF schedules and return with any changes to payment timing or projected payoff dates in future reporting to the council.","mediaType","Video","parentTitle","Boone County Council Meeting 06-10-2025 Part 1","oneSentenceSummary","Staff summarized the annual redevelopment commission report and said a reallocation within the Anson TIF areas will allow previously constrained bonds in the northern industrial area to begin receiving payments; several TIF districts are scheduled to expire within 10 years.","taxTitle","Boone County, Indiana","taxId",52300,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6200778,"Baker Tilly warns Boone County to plan for state tax restructuring and potential revenue shifts",409,2944000,3353000,"/Search/View?dp=1&key=3806328-7541911aaabef6b42a072374709ae9bb&start=2944&end=3353","https://assets.pipeline.soar.com/3806328-7541911aaabef6b42a072374709ae9bb/thumbnail_2944000.jpg","/articles/6200778/Boone-County/Indiana/Baker-Tilly-warns-Boone-County-to-plan-for-state-tax-restructuring-and-potential-revenue-shifts","https://secure.pipeline.soar.com/6200778-50747ba9c1f30510f254707bb7d6ba8f/orig.mp4?Expires=1770606985&Signature=Hq15fc9enOPBWtt8Xs-AXAzS-GaZqDAh2Lq0T52UwPc3AE1dMiy0qjWFn7pEp0jOu5HmaYkA8WBxp9Y0O5vi-SkgDVZEK~xSHTite9QCUrGTd6rxDqoCwTTz7RxhHhSdcu~NNwTL58ouuDFIzRBR2xJek7fi1QlzAAIEaKatPs4c6wVoQ6d0saXV-KVCG33-etw0Mlt~zQiLXJYfGbmKADMmqn7SnnVVtBrF-bI3cAY79TOZ00oUqQ6uAKeX2eTO8nWV8r8QJINW8gPba3pvhRs58kJAa4WB13YxVhu5~qG870cI6YI3df1cT9MTZbL~1z6-~3xmk~UBBtoK0JRJVw__&Key-Pair-Id=KUT5TJCACFTXG","Baker Tilly presented a preliminary update to Boone County’s comprehensive financial plan and outlined how recent state legislation will change local revenues and budgeting processes for the county.

The briefing matters because state changes to property-tax deductions, maximum levy growth rules and the redesign of local income tax (LIT) collections will shift how revenues are raised and allocated beginning in 2027–2028. Susan Cowan, senior manager at Baker Tilly, told the council the firm is using legislative-services estimates for now and is building an in-house model to produce more precise Boone County projections.

Cowan said the county should expect the following key changes: the maximum levy-growth cap is set at 4% for 2026 but may revert to prior calculations afterward; homestead and other property tax deductions were changed in recent sessions and will step differently over the next several years, and the state is consolidating multiple LIT types into a new county-level structure effective Jan. 1, 2028. Cowan said, “We are currently using the numbers that were provided by the legislative services agency,” and that Baker Tilly expects to deliver a county-specific model within weeks so the council can assess specific local impacts.

Under the new LIT framework described by Cowan, the county services general local income tax will replace several existing LIT types and may provide up to 1.2% on adjusted gross income back to the county; separate optional rates can be adopted for fire/EMS (up to 0.4% total across eligible fire entities) and for non-municipal units (up to 0.2%). Cowan said decisions by municipalities with population greater than 3,500 (Lebanon, Zionsville and Whitestown in Boone County) to adopt their own LITs will affect the county’s taxable AGI base and complicate payroll-withholding and administrative processes for employers.

Cowan reviewed circuit-breaker projections and legislative-service estimates: she said legislative services projects an additional Boone County property-tax revenue loss of about $1,252,000 in 2026 because of the change in deductions and valuation rules. She cautioned that results will vary by community within the county and that some growth in net assessed value could offset part of the losses if new development increases the tax base.

Baker Tilly recommended the county update its capital plan and coordinate with department heads during the upcoming budget cycle; Cowan noted the firm will provide revised revenue estimates (preliminary estimates typically arrive in August and final certified amounts in October). She also highlighted operational impacts: departments that currently receive LIT allocations (public safety, jail/correctional) will see those revenues and related expenses move into the county general fund under the new structure, and the county will need to decide how to track and reserve funds for capital or deferred maintenance within the changed fund structure.

Council discussion raised administrative concerns. One councilmember flagged HR/payroll operational complexity because employees’ tax-withholding and applicable rates will depend on their residence and possibly different municipal LITs. Cowan and council members agreed further modeling and interagency coordination will be required; Baker Tilly said it will produce a revised CFP and updated projections to support the 2026–2029 budget process.

Ending: The presentation was informational. Council members asked for a follow-up model and for Baker Tilly to work with county staff as the 2026 budget process proceeds; no ordinance or tax change was enacted at the meeting.","County financial consultant Baker Tilly previewed an updated comprehensive financial plan (CFP) and summarized recent state legislation that will change local income tax structure, homestead deductions and levy processes; the county was advised to expect revenue uncertainty and to work with consultants ahead of the 2027–2028 transitions.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6200784,"Boone County hears detailed briefing on vehicle wheel tax and excise surtax options",886,428000,1314000,"/Search/View?dp=1&key=3806328-7541911aaabef6b42a072374709ae9bb&start=428&end=1314","https://assets.pipeline.soar.com/3806328-7541911aaabef6b42a072374709ae9bb/thumbnail_428000.jpg","/articles/6200784/Boone-County/Indiana/Boone-County-hears-detailed-briefing-on-vehicle-wheel-tax-and-excise-surtax-options","https://secure.pipeline.soar.com/6200784-e39081bd3ae2308d44db81891eac369b/orig.mp4?Expires=1770606985&Signature=S6ZXouGVZ7i3BydRi39-s~ViV8XYuSbjY1sHOPqxEpJDQjOT9VYRt11PjZve1hoa9Yfku4GnsTWWdPFPHG1Df8YRJKWhF708-GMKJ03EJ1d-TIIIznkjbQt3Mxqo8Bbr35fpnYIAHxc1d3hQeWbCln7vjczsJ0kqOfMGjqaSQwFvHQo-IQNspan9AsEvUG3UIlXPC6Kcl6PaVp6gi5k4KJQWIcXvRdW3zf5C2Dk8BdxXbHp1Q~rxdocDpTaVRk7w-p03oHZtSpq2BgqMeq1TjfjZQHPNKJGEnAfgCU2qacnNaZ1GL9~26xZPWgKiumbYcDigkBLpqhA6iAeg-ioHuQ__&Key-Pair-Id=KUT5TJCACFTXG","Boone County officials received a detailed informational presentation on a county wheel tax and vehicle excise surtax—together described in the briefing as a two-part local option highway funding mechanism—during a council meeting.

The presentation matters because adoption of both taxes is required to create a new, recurring local revenue stream for roads and bridges and to qualify county and municipal units for a new Community Crossings Matching Grant (CCMG) direct distribution that begins in fiscal 2027. Jennifer Sharkey, who identified herself as a representative of the Indiana Local Technical Assistance Program, told the council LOHA (the combined wheel tax and excise surtax) is intended to support local road and bridge funding activities and that counties must adopt both taxes concurrently to be eligible for the new direct-distribution funding.

Sharkey described two distinct charges: an excise surtax (which may be implemented as a flat fee of $7.50 up to $50 per vehicle or as a percentage of the excise tax from 2% up to 20%, with a $7.50 minimum) and a wheel (or registration) tax (a flat fee between $5 and $80 applied to larger/heavier vehicles). She said if the county adopts LOHA before Aug. 31 in a given year, collections would begin the following January; if passed on or after Sept. 1, collections would begin the January after that. Sharkey added the Bureau of Motor Vehicles charges a 15¢ service fee per transaction that the BMV retains.

The presentation included estimated revenue ranges based on Boone County registration data. Sharkey corrected a slide during Q&A and said the county government share (the portion the county itself would retain under the local road/street distribution formula) was estimated at about $217,000 up to $1,550,000 at flat fee rates. She also gave conservative ranges for how much Boone County could receive under the new CCMG lane-mile direct distribution starting in fiscal 2027 — roughly $800,000 up to $1.5 million in different scenarios — and cautioned those numbers depend on how many eligible local units adopt LOHA.

Council members and staff pressed on distribution mechanics and limitations. Kevin Danhorn asked whether the 15¢ BMV fee came to the county; Sharkey replied the 15¢ is retained by the Bureau of Motor Vehicles and does not pass to the county. Nick (identified in the meeting as the Boone County highway director) confirmed direct-distribution eligibility is based on lane miles maintained by the local unit and does not include state or federal highways; Nick said only roads the county currently maintains would count toward the lane-mile calculation. Sharkey also noted some vehicle classes and uses are exempt (state-owned vehicles, school buses, certain nonprofit buses and funeral vehicles).

Council discussion touched on an interlocal issue with Zionsville: Boone County would distribute funds according to the local roads and streets formula, which assigns a population credit that could send a substantial share to Zionsville even though the county still maintains some overlapping roads. Sharkey said those jurisdictional and interlocal maintenance arrangements would need further work for Boone County.

No ordinance, amendment or motion to adopt LOHA was made at the meeting. Sharkey offered to provide detailed estimates and materials; council members thanked her and indicated staff would follow up if the county seeks more modeling or moves toward an adoption timeline.

Ending: The presentation was informational only; the council took no formal action on a wheel tax or excise surtax at this meeting and asked staff to pursue follow-up analysis if desired.","An LTAP consultant outlined how a county wheel tax (wheel tax) and vehicle excise surtax—adopted together as LOHA—could raise local road funding and qualify Boone County for Community Crossings Matching Grant direct distributions beginning in fiscal 2027; no ordinance was proposed or voted on.","actionData","errors"]

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Redevelopment commission: TIF areas, Anson project funds and bond payments reviewed

Baker Tilly warns Boone County to plan for state tax restructuring and potential revenue shifts

Boone County hears detailed briefing on vehicle wheel tax and excise surtax options