Indiana Administrative Code
Title 50 - DEPARTMENT OF LOCAL GOVERNMENT FINANCE
Article 26 - COMPUTER STANDARDS FOR A UNIFORM AND COMMON PROPERTY TAX MANAGEMENT SYSTEM
Rule 7 - Property Tax and Billing Calculation Standards
Section 7-22 - Settlement
Universal Citation: 50 IN Admin Code 7-22
Current through September 18, 2024
Authority: IC 6-1.1-31-1; IC 6-1.1-31.5-3.5
Affected: IC 6-1.1-27; IC 6-1.1-31.5
Sec. 22.
Tax and billing software must be able to do the following:
(1) Calculate monies available for distribution to individual taxing units under IC 6-1.1-27 and in the manner prescribed by the following:
(A)
The state board of accounts according to the following:
(i) The manual for county auditors.
(ii) The manual for county
treasurers.
(B) The
settlement instructions.
(2) Record all data required to prepare the following:
(A) The certificate of settlement
according to requirements under IC 6-1.1-27 and in the manner prescribed by the
following:
(i) The state board of accounts
according to the manual for county auditors and manual for county
treasurers.
(ii) The settlement
instructions.
(B) The
statement of the distribution of taxes collected according to the requirements
set forth in IC 6-1.1-27 and in the manner prescribed by the following:
(i) The state board of accounts according to
the manual for county auditors and manual for county treasurers.
(ii) The settlement instructions.
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