| Fund | 2023 | 2024 | 2025 | 2026 | 2027 Est. | 2028 Est. | 2029 Est. | 2030 Est. |
|---|---|---|---|---|---|---|---|---|
| General | 25.2% | 24.8% | 26.0% | 25.3% | 24.3% | 24.8% | 27.7% | 27.9% |
| Reassessment | 25.2% | 24.8% | 26.0% | 25.3% | 24.3% | 24.9% | 27.8% | 27.9% |
| Cumulative Bridge | 25.2% | 24.8% | 26.0% | 25.3% | 24.3% | 24.8% | 27.7% | 27.9% |
| Health | 25.2% | 24.8% | 26.0% | 25.3% | 24.4% | 24.9% | 27.7% | 28.0% |
Notes:
2023 - 2026 based on DLGF Circuit Breaker Reports.
2027 - 2030 based upon Policy Analytics Report dated June 18, 2026
2023 - 2026 NAVs based on Certified
2027 - 2030 based upon Policy Analytics Report dated June 18, 2026
| Year | NAV | Change |
|---|---|---|
| 2023 | $4,296,402,716 |
|
| 2024 | 4,447,994,065 | 3.5% |
| 2025 | 4,646,349,943 | 4.5% |
| 2026 | 5,280,881,546 | 13.7% |
| 2027 Est. | 5,721,306,117 | 8.3% |
| 2028 Est. | 5,610,019,374 | -1.9% |
| 2029 Est. | 5,571,242,465 | -0.7% |
| 2030 Est. | 5,486,267,890 | -1.5% |
| 2026 | 2027 | 2028 | 2029 | 2030 | |
|---|---|---|---|---|---|
| All Funds | 6.14% | 5.64% | 5.20% | 4.85% | 4.51% |
Per IC 6-6-5.5-20 – units may choose to deposit the semi-annual distributions for commercial vehicle excise tax and financial institutions tax from any fund receiving property tax into any other fund.
Under Indiana law, the County Commissioners, as the county’s legislative body defined in IC 36-1-2-9, are responsible for determining the allocation of commercial vehicle excise tax and financial institutions tax distributions, where authorized by the applicable tax statutes.
Per IC 6-1.1-27-10 – Beginning January 1, 2027, units may choose to deposit the semi-annual distributions of excise tax revenue from any fund receiving property tax into any other fund.
Under Indiana law, the County Commissioners, as the county’s legislative body defined in IC 36-1-2-9, are responsible for determining the allocation of excise tax and financial institutions tax distributions, where authorized by the applicable tax statutes.
House Enrolled Act 1461 (2025) reduced the required allocation to the MVH Restricted Fund from 60% to 40% if certain criteria are met: the average pavement quality (PASER) rating must be at least 6 in the prior year, and no more than 15% of roads may be classified as in failed condition. This report assumes the County will continue a 50/50 split.