Carroll County Facts
Carroll County, Indiana Named in 1828 for Charles Carroll, signer of the Declaration of Independence
County Seat: Delphi
Largest City: Delphi (pop in 2010: 2,893)
Population per Sq. Mile: 54
Sq. Miles: 372.3
Carroll County is located in mid-northwestern Indiana, 19 miles from I-65. It is the crossing site for seven (7) highways, two (2) rail lines, and the new Hoosier Heartland Corridor. Carroll County is strategically located for workers, with a population of 360,000 people in the immediate surrounding counties. It is within at five-hour drive of nearly 53,000,000 others.
About Carroll County
Carroll County offers a great quality of life for its residents and the businesses operating there. It sits among rich and fertile farmland accentuated by streams and river valleys. Small, family oriented communities with a strong work ethic form the backbone of the county. A variety of historic homes enhance the culture, beauty, and history of the area. The low cost of living and reasonably priced housing makes Carroll County an attractive location to live and work. A multitude of recreational opportunities abound, including boating, fishing, swimming, canoeing, water skiing, horseback riding, and hiking.
Carroll County is conveniently located within 300 miles of major east-central United States markets. These cities include Indianapolis, Chicago, Detroit, St. Louis, Columbus (Ohio), Louisville, Lansing, Milwaukee, Green Bay, Davenport, and Cincinnati.
Carroll County has a number of rail and air options in addition to its seven highways. A main Norfolk Southern trunk line runs through the county along SR 25 and the new Hoosier Heartland corridor. The Winamac Southern line also serves the county. Delphi’s airport sits just a mile south of the new Hoosier Heartland corridor. It is being upgraded to a 4,000 ft. runway. Flora also has a municipal airport just to the west of town.
Carroll County’s natural gas is provided by NIPSCO or NIPSCO subsidiaries. Duke Energy provides the power for Burlington, Camden, Delphi, and Rockfield. The Flora Power Company provides Flora’s power needs in conjunction with IMC. Power is supplied to the rural areas of the county by the Carroll White REMC. Delphi, Camden, and Flora provide municipal water and sewage services. Burlington and Rockfield each provide sewer service for their areas.
Sanitary Sewer System: Daily capacity: 100,000 gallons/day.
Electrical Power: Duke Energy
Natural Gas: Kokomo Gas and Fuel.
Telecommunications: Phone: SBC/AT&T; Internet: SBC/AT&T DSL.
Water System: 2 Wells.
Sanitary Sewer System
Electrical Power: Duke Energy
Natural Gas: NIPSCO
Telecommunications: Phone: TDS Telecom. Internet: TDS Telecom (DSL) and Wi-Power wireless.
Water System: 5 Wells. Capacity: 1,728,000 gallons daily.
Sanitary Sewer System: Capacity: 1,500,000 gallons daily.
Electrical Power: Duke Energy.
Natural Gas: NIPSCO.
Telecommunications: Phone: Frontier; Internet: Frontier DSL, Wi-Power.
Water System: 3 Wells. Capacity: 720,000 gallons daily
Sanitary Sewer System: Daily capacity: 428,000 gallons daily
Electrical Power: Flora Electric Utilities
Natural Gas: NIPSCO
Telecommunications: Phone: Embarq; Internet: Embarq and Wi-Power.
Sanitary Sewer System: Daily capacity: 30,000 gallons/day; Current daily use: 15,000 gallons/day
Electrical Power: Duke Energy
Natural Gas: NIPSCO
Telecommunications: Phone: Embarq. Internet: Wi-Power wireless
The Carroll County Economic Development team is prepared to do what it takes to assist a new or expanding enterprise. We can help you identify a prospective location and provide information on available buildings and land to match your facility requirements. We can arrange and conduct site and facility tours of any property of interest to you.
We offer our continued commitment to ensure the best programs are in place. If you need further information, assistance, or other enticements, our support is just a question away.
Carroll County Wants Your Business! We offer competitive packages with state and local incentives to meet your needs.
Property Tax Abatement
Carroll County offers tax abatements for periods up to ten (10) years on increased tax assessments as a result of improvements made to real property. A ten (10) year partial tax abatement may also be available for increased business personal property as a result of the installation of new manufacturing equipment. This equipment must be used in the direct production, manufacture fabrication, assembly, extraction, mining, processing, refining or finishing of other tangible personal property.
Tax abatements in each instance, are allowable only within areas designated as “Economic Revitalization Areas.”
Economic Revitalization Area designation
Under Public Law (I.C.6-1.1-12.1-1, as amended), Carroll County may designate geographic areas of the county Economic Revitalization Areas. An Economic Revitalization area must have “become undesirable for, or impossible of, normal development and occupancy” due to a factor such as:
lack of development
cessation of growth
deterioration of improvements or character of occupancy, age, obsolescence, substandard buildings
other factors that have impaired values or prevents a normal development of property
an area with a facility in danger of losing either employment or tax revenues to the county as a result of impending economic or energy obsolescence.
Tax Increment Financing
Tax Increment Financing (TIF) provides for the temporary allocation to redevelopment or economic districts of increased tax proceeds in an allocation area generated by increases in assessed value. Thus, TIF permits cities, towns, or counties to use increased tax revenues stimulated by redevelopment or economic development to pay for the capital improvements needed to induce the redevelopment or economic development.
The use of TIF is initiated by the declaration of a tax allocation area by a county, city, or town Redevelopment Commission.
Property tax assessments are frozen at pre-development levels in the allocation area.
Municipal bonds are then issued to finance the public improvements.
As property values in the allocation area increase as a result of new development, the increment in tax revenues is used to meet debt service on issued bonds.
Once the bonds have been paid off, the taxes collected from the allocation area are distributed to the remaining taxing districts.
Bonds payable from TIF may be used to finance the cost of redevelopment and the construction of public improvements in the redevelopment area or for projects that directly serve or benefit that area. Proceeds may also be used for training.
Bond amounts are determined by the size of the project and the amount of the increment available. The 1992 General Assembly passed legislation allowing depreciable personal property (machinery and equipment) to be used in computing the increment in addition to real property.
Community Revitalization Enhancement District (CRED)
Special incentive packages are offered to private entities based on the capturing of incremental sales tax and / or state income tax.
A taxpayer is entitled to a credit against the taxpayer's state and local tax liability for a taxable year if the taxpayer makes a qualified investment in that year. The amount of the credit to which a taxpayer is entitled is the qualified investment made by the taxpayer during the taxable year multiplied by twenty-five percent (25%). A taxpayer may assign any part of the credit to which the taxpayer is entitled to a lessee of property redeveloped or rehabilitated.
The Primary tax credit available is the Economic Development for a Growing Economy Tax Credit (EDGE). This credit is available from the Indiana Economic Development Corporation.
When a company project creates new jobs for Indiana residents, the additional payroll may earn the company EDGE tax credits. The payroll taxes withheld from those new employees, effectively 3.1% in Indiana, are the basis for the credits. Tax credits can be awarded up to that amount (3.1% of eligible gross payroll) for a period not to exceed ten years. The credits awarded are first applied against any Indiana corporate income tax liability and any excess amounts withheld are refunded directly to the company.
Eligible projects are those with a competitive disparity in project costs, including incentives, between an Indiana location and a competing state. The project must also receive significant community support and compare favorably with county wage levels.
The program is designed to require minimal paperwork. The amount of any EDGE credits is determined by the Indiana Economic Development Corporation. All terms and conditions for receipt of the credits will be by agreement between the State of Indiana and the participating company. EDGE does require a company commitment to maintain operation of the project in the state for a period at least twice as long as the duration of the tax credits. Annual verification of the amount of individual income taxes withheld will trigger release of the credits.
The State of Indiana has the Industrial Development Grant Fund and the Industrial Development Infrastructure Program available to assist with the infrastructure needs of your project.
SKILLS ENHANCEMENT FUND
The Indiana Economic Development Corporation can has grants available for the initial start-up training of new Indiana residents hired during the first two years of a facility’s operation. Thereafter, grants for training of additional new workers and for the retraining of existing workers are available on a two-year basis. Each grant is limited to a maximum of 50% of the total training budget for your company. Subsequent training grants are generally limited to no more than $200,000 per company every two years.
The Indiana Department of Workforce Development offers grants to companies for the Work Key program. Work Keys measures the comprehensive employability skills such as reading, math, listening, teamwork, etc. This program has helped companies to find the right work force to meet their specific workforce needs. In addition, funding is available to assist with training needs identified through the assessment.
EDUCATIONAL AND TRAINING OPPORTUNITIES
Carroll County offers some outstanding educational opportunities. The Carroll Consolidated School Corporation and the Delphi Community School Corporation serve the majority of the county. The Twin Lakes Corporation and the Rossville School District also serve parts of the county.
The public school systems in Carroll County include:
The Carroll Consolidated School Corporation
The Carroll Corporation serves families in the eastern and most of the southern part of the county http://www.carroll.k12.in.us/
The Delphi Community School Corporation
The Delphi Corporation serves families in the town of Delphi as well as much of the west and central portions of the county. http://www.delphi.k12.in.us/
The Rossville Consolidated School District
The Rossville District serves students in the very southwestern portion of the county. http://www.rossville.k12.in.us/
The Twin Lakes School Corporation
The Twin Lakes Corporation serves families in Jefferson and Adams Townships in northwestern Carroll County. http://www.twinlakes.k12.in.us/
Purdue University, Ivy Tech Lafayette/Monticello, and Indiana University/Kokomo are conveniently located to serve the post-secondary training needs of Carroll County.
Purdue offers exceptional educational, athletic, and cultural programs and is an easy commute from Delphi, Flora, and Camden. http://www.purdue.edu/
Ivy Tech State College
Ivy Tech has campuses in nearby Lafayette, Kokomo, and Monticello which offer easily assessable opportunities for county residents to develop or upgrade their workforce skills. http://www.ivytech.edu/
Indiana University Kokomo
IUK offers exceptional educational programs and provides a natural commute for those in the eastern part of the county. http://www.iuk.edu/
JobSource is a local agency specializing in the development of human resources. JobSource can recruit, screen, test and refer job applicants to employers based on their individual need. JobSource provides Workforce Investment Act services for Carroll County, assisting individuals with training and employment services.
Quality of Life
We invite you to come enjoy Carroll County. Nestled in the picturesque Wabash Valley, Carroll County is a bounty of history and activity. We know you’ll feel right at home when you come; you’ll enjoy a view of life in which people are linked together through a common respect for the land and for each other. It’s a great place to for your company to settle and for your employees to live.