Section 675 IAC 12-14-6 - Loan priority rating systemAuthority: IC 22-13-2-2
Affected: IC 22-12-1-18.7; IC 36-8-12-2
Sec. 6.
The loan priority rating system shall consist of a point system based on the number of points allocated to the qualified entity using the following criteria:
(1) The total assessed property tax value of the qualified entity, or the total assessed property tax value of those areas for which the qualified entity actually provides fire protection or other emergency services. A total of fifty (50) points shall be allocated to this criterion as follows: (A) $7,000,000 or less, 50 points.(B) $7,000,001 to $7,500,000, 47 points.(C) $7,500,001 to $8,000,000, 44 points.(D) $8,000,001 to $8,500,000, 41 points.(E) $8,500,001 to $9,000,000, 38 points.(F) $9,000,001 to $9,500,000, 35 points.(G) $9,500,001 to $10,000,000, 32 points.(H) $10,000,001 to $10,500,000, 29 points.(I) $10,500,001 to $11,000,000, 26 points.(J) $11,000,001 to $11,500,000, 23 points.(K) $11,500,001 to $12,000,000, 20 points.(L) $12,000,001 to $12,500,000, 17 points.(M) $12,500,001 to $13,000,000, 14 points.(N) $13,000,001 to $13,500,000, 11 points. (O) $13,500,001 to $14,000,000, 8 points.(P) $14,000,001 to $14,500,000, 5 points.(Q) $14,500,001 to $15,000,000, 2 points.(R) Over $15,000,000, 0 points. (2) The total population of the qualified entity, based on the most recent census performed by the United States Census Bureau, or the total population of those areas for which the qualified entity actually provides fire protection or other emergency services, based on the most recent census performed by the United States Census Bureau. A total of twenty (20) points shall be allocated to this criterion as follows:(A) 500 or less, 20 points.(B) 501-1,500, 19 points.(C) 1,501-2,500, 18 points.(D) 2,501-3,500, 17 points.(E) 3,501-4,500, 16 points.(F) 4,501-5,500, 15 points.(G) 5,501-6,500, 14 points.(H) 6,501-7,500, 13 points.(I) 7,501-8,500, 12 points.(J) 8,501-9,500, 11 points.(K) 9,501-10,500, 10 points.(L) 10,501-11,500, 9 points.(M) 11,501-12,500, 8 points.(N) 12,501-13,500, 7 points.(O) 13,501-14,500, 6 points.(P) 14,501-15,500, 5 points.(Q) 15,501-16,500, 4 points.(R) 16,501-17,500, 3 points.(S) 17,501-18,500, 2 points.(T) More than 18,500, 0 points.(3) The total amount of the qualified entity's last calendar year budget, or last fiscal year budget if the qualified entity does not operate on a calendar year basis, that was spent on the acquisition of firefighting or emergency equipment or apparatus, including, without limitation, personal protective equipment. A total of thirty (30) points shall be allocated to this criterion as follows: (A) $2,000 or less, 30 points.(B) $2,001-$3,000, 28 points.(C) $3,001-$4,000, 26 points.(D) $4,001-$5,000, 24 points.(E) $5,001-$6,000, 22 points.(F) $6,001-$7,000, 20 points.(G) $7,001-$8,000, 18 points.(H) $8,001-$10,000, 16 points.(I) $10,001-$12,000, 14 points.(J) $12,001-$14,000, 12 points.(K) $14,001-$16,000, 10 points.(L) $16,001-$18,000, 8 points.(M) $18,001-$20,000, 6 points.(N) $20,001-$22,000, 4 points.(O) $22,001-$24,000, 2 points.(P) More than $24,001, 0 points.Fire Prevention and Building Safety Commission; 675 IAC 12-14-6; filed May 29, 1997, 2:40 p.m.: 21 IR 397; errata filed Apr 15, 1998, 10:30 a.m.: 21 IR 3367; readopted filed Sep 11, 2001, 2:49 p.m.: 25 IR 530; readopted filed Sep 21, 2007, 9:20 a.m.: 20071010-IR-675070388RFA; readopted filed Oct 10, 2007, 9:16 a.m: 20071031-IR-675070388RFA; readopted filed Aug 8, 2012, 8:08 a.m.: 20120905-IR-675120260RFAReadopted filed 7/3/2018, 2:22 p.m.: 20180801-IR-675180204RFA