A public hearing will take place Wednesday regarding a proposed annexation in Huntertown.
Town officials hope to annex an area bordered by Gump, Dunton, Cedar Canyon and Coldwater roads, much of it in the Twin Eagles subdivision. The area also includes the Willow Run and Turnberry subdivisions west of Dunton Road, several agricultural parcels south of Gump Road, and some homes on the north side of Gump Road.
The Twin Eagles subdivision includes 12 sections with a total of 364 lots. The proposed annexation area includes a large portion of the subdivision, but does not include the larger homes near Coldwater Road.
The town is already providing water and sewer services to homeowners in that area, but it’s unclear whether the annexation would be voluntary or involuntary.
The annexation would add about 1,500 people to Huntertown’s population, which the 2010 census listed at 4,810.
The number in the area to be added is calculated by figuring three people per household, Stephen Carter of Carter Dillon Umbaugh LLC said.
If the area is annexed, the town would get about $192,000 in additional revenue, mostly from county economic development and option income taxes, along with state funding for local roads and streets, which is based on road mileage and population, Carter said.
Allen County Auditor Tera Klutz estimated Huntertown will gain $108,370 in new revenue, after losing $8,083 from circuit breaker tax caps.
Property owners who have already reached the circuit breaker caps would not see an increase in property taxes, but the circuit breaker tax caps for real property would shift among the overlapping taxing units, with Northwest Allen County Schools – the largest taxing unit – receiving about $60,000 less in tax revenues next year if the annexation occurs.
This year the school corporation lost about $2.5 million from tax caps, NACS Business Manager Bill Mallers said.
It’s a concern when we see this because we not in a position to lose another $60,000, Mallers said.
According to figures provided by Klutz, taxing units that would see a loss of revenue because of the shift in circuit breaker tax caps allocations should the area be annexed include:
Allen County: $21,828
Northwest Fire $3,025
Should annexation occur, Huntertown has a year in which to provide services such as fire and police protection and street maintenance and three years to provide other improvements such as road construction, utility services and street lights.