DIGEST OF INTRODUCED BILL
Transfer of township territory. Provides that the area included within the corporate boundaries of the town of Griffith is transferred on January 1, 2012, from Calumet Township to St. John Township. Specifies that on January 1, 2012: (1) any real property of Calumet Township located within the corporate boundaries of the town of Griffith is transferred to and becomes the property of St. John Township; and (2) a proportionate share of the unencumbered balances of each fund of Calumet Township is transferred to St. John Township for deposit in the appropriate and corresponding fund of St. John Township. Provides that the taxpayers within the area transferred from Calumet Township to St. John Township remain liable for a proportionate share of the outstanding indebtedness, as of December 31, 2011, of Calumet Township. Requires the department of local government finance to adjust as necessary the budgets and property tax levies of St. John Township and Calumet Township to reflect the transfer of this area.