County finance staff outlines how state tax changes could reshape Kosciusko County revenues

County finance staff presented an updated financial briefing that quantified how recent and pending state tax changes could affect Kosciusko County’s revenue picture and capital plans. The presenter said the county’s cash balance rose by about $7 million in 2025, mostly from unused appropriations, and that the general fund showed roughly a $2.5 million surplus for the year.

The presentation focused first on House Bill 1210 and the new local income tax (LIT) schedule. The presenter explained the LIT implementation was pushed from 2028 to 2029 and described a three‑year initial adoption window: “the first year you adopt in 2029, last through 2031, and then readopt every year thereafter,” the presenter said. He noted municipalities under 3,500 population may opt into an under‑3500 municipal rate set by counties; under the presenter’s calculations the county would receive about 28% of…