A conservancy district is a special unit of government and the applicable laws are found in the Indiana Code 14-33. As a unit of government, the district levies a "special benefits tax (SBT)" and "exceptional benefits assessment (EBA)." Clear Creek Conservancy District was established in 1971 to provide wastewater collection and treatment. Prior to 2002, new homes built in areas not served by the collection system were required to install holding tanks for which the district utilized a pump and haul system. As the collection system was constructed, the holding tanks or in a very few cases, septic systems installed prior to the district's establishment, were removed or abandoned. The district also maintains the dam and spillway of Heritage Lake.
General tax rate
The SBT is the general tax rate that is used for the overall operation and maintenance of the conservancy district. The taxpayers are billed and pay the tax to the Putnam County Treasurer in installments due in May and November each year. Additional information about the budget process and the approved budgets may be found on the Indiana Department of Local Government Finance website at http://www.in.gov/dlgf/index.htm
Exceptional benefit assessments
The EBA is an assessment on certain properties benefited (as with the construction of sewer lines) approved by the Putnam Circuit Court. The EBA could either be paid in its entirety or over a period of years set up by the amortization schedule for each assessment. EBA payments are also billed and paid to the Putnam County Treasurer, with the entire installment due in either May or November. The proceeds from EBA's are used to pay off the corresponding sewer project debt. Once the debt is paid off, the funds are available for the overall operation and maintenance of the district.
Lots in Mills Springs subdivision were assessed $1,700.00 beginning in November 1978, and the amortization was over a 38-year period. Lots in Lincoln Hills subdivision were assessed $2,550.00 beginning in May 1980, and the amortization was over a 40-year period. Lots in Jefferson Valley subdivision were assessed $2,550.00 beginning in November 1989, and the amortization was over a 25-year period. Certain lots in Victory Hills, Patriot's Landing, and Gettysburg were sewered in the 1994 construction project and were assessed $3,250.00 beginning in November 1994, and the amortization was over a 20-year period. A few lots in Gettysburg were assessed $3,250.00 beginning in May 1997, and the amortization was over a 20-year period. More lots in Victory Hills, Patriot's Landing, Gettysburg and additional tracts were sewered in the 1999 construction project and were assessed $3,800.00 beginning in May 1999, and the amortization was over a 20-year period. The sewer system was completed in 2002 with funds from the final sewer assessment of $4,100.00 that was levied for lots in Gettysburg and Victory Hills with the first payment in November 2001 and the amortization over a 20-year period. Complete records regarding the status of a particular lot should be checked at the office of the Putnam County Treasurer.