Ind. Code § 36-7-26-12

"Net increment" defined

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

As used in this chapter, "net increment" means, for a particular state fiscal year, the product of:

  1. (1) the gross increment for the state fiscal year ending in the year of the determination; multiplied by
  2. (2) the adjustment factor.

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

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