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Following state law change, county to deposit excise and financial institution tax receipts into General Fund
Summary
Auditor Sandra L. Morton told the council House Enrolled Act 1392 changed distribution procedures for Commercial Vehicle Excise Tax and Financial Institution Tax; the council voted unanimously to deposit the county's portion into the County General Fund.
Auditor Sandra L. Morton briefed the Dubois County Council on legislative changes from House Enrolled Act 1392 during the Aug. 25 meeting and secured approval to deposit the county's share into the County General Fund.
Morton said HEA 1392, effective July 1, 2025, removed the requirement for county auditors to perform a fund-level calculation prior to distributing those taxes to other local units. Instead, county auditors will use the State Comptroller's report to distribute a lump sum to eligible units; upon receipt, units may deposit the funds into any legally permitted fund and use them for any permitted purpose.
Morton requested that the county's portion be deposited into the County General Fund. Ryan Craig moved to approve the request, Alex P. Hohl seconded, and the motion carried unanimously.
The minutes record the council's vote and the Auditor's request; the minutes do not list the exact dollar amount of the county's share in this session.
