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YouTube Link Sep 30, 2026

Council 7-28-2026 [69:14-70:17]

The next page, slide 13 is where we're at the local income tax assumptions. So we have assumed that the lit revenues will increase annually by around 5.5 to 6.5% depending on the year. Again, we talked about the current lit structure expiring in 2028. That is still the case. It's just when the distributions to the county would come in based on that new lit rate. So again, as soon as we have more information from that Martha, we'll relay that to you. And if we need to update the report, we can update the report. It doesn't ultimately affect the overall picture of Lawrence counties, FSP, because the lit rate that we're using, if you'll see there on the left hand side for county services lit is 0.5%. You can go up to 1.2%. So you still have leeway, if you do need to adjust for the revenues that you need. So being in that situation is better than some of the communities we see that can't bring in enough lit at the maximum rate that they are allowed. So
Lawrence County of Indiana (YouTube) · Jul 28, 2026
https://www.youtube.com/watch?v=E4ZNQODBOfU
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