Delaware County, Indiana - Schedule of Assumptions

DELAWARE COUNTY, INDIANA

SCHEDULE OF ASSUMPTIONS

This financial analysis is specifically tailored to assist the County management and council members in their roles by offering information pertinent to the financial management of Delaware County. Its purpose is to furnish valuable insights that can aid County officials in effectively managing their responsibilities within the County.

In the preparation of these schedules, assumptions were made as noted regarding certain future events. As in the case with such assumptions regarding future events and transactions, some or all may not occur as expected, and the resulting differences could be material. We have no responsibility to prepare subsequent reports or update the schedules. We do not provide any assurance on the information included in the financial analysis.

Summary of Assumptions:

(1) Maximum Levy Growth Factor

Year	Statewide Levy Growth Factor
2025	4.0%
2026	4.0%
2027	6.0%
2028 Est.	5.0%
2029 Est.	3.9%
2030 Est.	4.0%

Note:

Note: 2027 - based on the State Budget Agency memo dated July 1, 2026. For the years 2028 through 2031, the estimate is drawn from a six-year average as well, applying an assumed 4% annual increase in nonfarm personal income from 2026 through 2029. This growth rate is based on the average annual change observed in nonfarm personal income between 2023 and 2025.

(2) Distribution of Maximum Levy

	2023	% Allocation	2024	% Allocation	2025	% Allocation	2026	% Allocation
General	$25,735,452	86.9%	$26,803,612	87.1%	$28,352,027	87.5%	$29,065,972	86.3%
Reassessment	700,314	2.4%	698,335	2.3%	622,611	2.0%	771,009	2.3%
Cumulative Bridge	2,878,590	9.7%	2,980,156	9.7%	3,113,054	9.6%	3,538,191	10.5%
Health	292,155	1.0%	289,120	0.9%	297,366	0.9%	295,729	0.9%
Total	$29,606,511	100.0%	$30,771,223	100.0%	$32,385,058	100.0%	$33,670,901	100.0%

	2027	% Allocation	2028	% Allocation	2029	% Allocation	2030	% Allocation
General	$30,809,930	86.3%	$32,504,476	86.3%	$33,967,177	86.3%	$35,461,733	86.3%
Reassessment	817,270	2.3%	862,220	2.3%	901,020	2.3%	940,665	2.3%
Cumulative Bridge	3,750,482	10.5%	3,956,759	10.6%	4,134,813	10.5%	4,316,745	10.5%
Health	313,473	0.9%	330,714	0.9%	345,596	0.9%	360,802	0.9%
Total	$35,691,155	100.0%	$37,654,169	100.0%	$39,348,606	100.0%	$41,079,945	100.0%