36-7-26-3. "Adjustment factor" defined

IN Code § 36-7-26-3 (2019) (N/A)
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Sec. 3. As used in this chapter, "adjustment factor" means the amount, stated as a percentage, that the board determines under section 22 of this chapter should be applied in determining the district's net increment. However, the adjustment factor may not exceed eighty percent (80%).

As added by P.L.35-1990, SEC.63.