Circuit Breaker Information & Reporting
Circuit Breaker Information
- Impact of the Property Tax Caps, 2012 - July 2, 2012
- Impact of the Property Tax Caps, 2010 - October 22, 2010
- Circuit Breaker Fact Sheet (PDF)
Circuit Breaker Memoranda
- Circuit Breaker - Common Area Clarification - July 16, 2012
- Allocation of Tax Revenue Subject to “Circuit Breaker” Credits - July 3, 2012
- Manufactured Housing Circuit Breaker Clarification - January 30, 2012
- Circuit Breaker Exempt and Nonexempt Funds - May 20, 2011
- Circuit Breaker Credit Reporting - February 28, 2011
- Exempt and Nonexempt Rates and the Circuit Breaker - May 5, 2010
- Circuit Breaker and Debt Service - April 6, 2010
- Circuit Breaker Credit Reporting - March 15, 2010
- Application of the Over 65 Circuit Breaker Credit - March 5, 2010
- Debt Exemption in Lake and St. Joseph Counties FAQ - December 21, 2009
- Mathematical Rounding Issues When Allocating Cap Amounts - October 19, 2009
- Property Class Codes and Circuit Breaker Caps Revision Memo – December 1, 2008
- Property Class Codes and Circuit Breaker Caps – October 30, 2008
- Circuit Breaker Credit Reporting Schedule – October 8, 2008
- Memorandum on Circuit Breakers - June 2, 2008
For More Information
For more information on the circuit breaker, contact your county auditor. A complete listing of auditor contact information can be found online at http://www.in.gov/dlgf/2440.htm.
Additional information regarding the circuit breaker can be obtained by contacting the Indiana Department of Local Government Finance at (317) 233-9222.
Circuit Breaker Credit Reporting
Each year, the county auditor must notify each taxing unit, in which the circuit breaker credit is applied, of the reduction of property tax collections (IC 6-1.1-20.6-9.5). The report must show the amount that each taxing unit's distribution of property taxes will be reduced as a result of the circuit breaker credits. It is no longer necessary for a copy of this report to be filed with the Department of Local Government Finance.
