
Tax notebook: $6.9M total extra local income tax revenue in 2025 for Monroe County units—half as much as last year
The annual extra infusion of revenue from local income tax (LIT) to government units across the state will amount to about $6.9 million in Monroe County this year.
That’s about half the $14.3 million supplemental distribution of LIT that Indiana’s State Budget Agency (SBA) calculated for