Adams County and its political subdivisions stand to gain a windfall totaling nearly $750,000 when the state of Indiana divides some $205 million in County Option Income Tax (COIT) and County Economic Development Income Tax (CEDIT) funds that are being belatedly distributed by the state of Indiana.
State taxation department officials announced on Thursday that, due to an "oversight," recent income tax revenue was never distributed to counties as it should have been, the second such state monetary snafu in recent months.
Indiana's property tax caps are going to cost local governmental entities some major capital fund losses during this year's tax collections.
Figures compiled by Adams County Auditor Bill Borne and presented to the county commissioners this week show a $364,178 loss for Adams County, a $316,769 loss for North Adams Schools, and a $249,713 loss for the City of Decatur.
The Adams County Bar Association honored one of its own in posthumous fashion on Thursday with a memorial proclamation and ceremony in honor of longtime Berne attorney Bob Biberstein.
Also on hand in Adams Circuit Court to honor the memory of Biberstein, who died last month, were representatives of the bar associations in Jay and Wells counties.