NOTICE OF ADOPTION
To the taxpayers of Town of Rocky Ripple, Indiana.
You are hereby notified that on May 12th, 2026, Town of Rocky Ripple, Marion County
Indiana, pursuant to notice heretofore given, and under and by virtue of IC § 36-9-15.5,
duly adopted a plan whereby a CUMULATIVE CAPITOL IMPROVEMENT FUND was established to provide for the following:
For all uses set out in IC 36-9-16-2
The proposed fund will not exceed $ 0.0167on each $100 of assessed valuation for taxes payable in 2027; $ 0.0333 on each $100 of assessed valuation for taxes payable in 2028; $0.0500 on each $100 of assessed valuation for taxes payable in 2029 and thereafter, continuing until reduced or rescinded.
Twenty-five (25) or more taxpayers in the taxing unit who will be affected by the tax rate and corresponding levy may file a petition with the Marion County Auditor not later than noon 30 days after the publication of this Notice setting forth their objections to the proposed cumulative fund. Upon the filing of the petition, the County Auditor shall immediately certify the same to the Department of Local Government Finance, at which point the Department will fix a date for and conduct a public hearing on the proposed cumulative fund before issuing its approval, disapproval, or modification thereof.
Dated this 15th day of May, 2026.
Town of Rocky Ripple
