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                                                                                                  PRIVACY NOTICE                      FORM CF-1 / PP 
                COMPLIANCE WITH STATEMENT OF BENEFITS                                        This form contains confidential 
                                                                                               information pursuant to  
                PERSONAL PROPERTY                                                            IC 6-1.1-35-9 and IC 6-1.1-12.1-5.6.   20___ Pay 20___ 
                State Form 51765 (R7 / 12-22)  
                Prescribed by the Department of Local Government Finance 
INSTRUCTIONS:    1.  Property owners whose Statement of Benefits was approved must file this form with the local designating body to show the extent to which 
                         there has been compliance with the Statement of Benefits. (IC 6-1.1-12.1-5.6) 
                      2. This form must be filed with the Form 103-ERA Schedule of Deduction from Assessed Value between January 1 and May 15, unless a  filing 
                         extension under IC 6-1.1-3.7 has been granted. A person who obtains a filing extension must file between January 1 and the extended due date 
                         of each year.
                      3. With the approval of the designating body, compliance information for multiple projects may be consolidated on one (1) compliance form (CF-1).
SECTION 1                                                            TAXPAYER INFORMATION 
Name of Taxpayer                                                                                                             County 

Address of Taxpayer (number and street, city, state, and ZIP code)                                                           DLGF Taxing District Number 

Name of Contact Person                                                           Telephone Number                            Email Address 
                                                                                 (         ) 
SECTION 2                                                 LOCATION AND DESCRIPTION OF PROPERTY 
Name of Designating Body                                                         Resolution Number                           Estimated State Date (month, day, year) 

Location of Property                                                                                                         Actual Start Date (month, day, year) 

Description of new manufacturing equipment, new research and development equipment, new information technology equipment, or Estimated Completion Date (month, day, year) 
new logistical distribution equipment to be acquired. 
                                                                                                                             Actual Completion Date (month, day, year) 

SECTION 3                                                            EMPLOYEES AND SALARIES 
                         EMPLOYEES AND SALARIES                                              AS ESTIMATED ON SB-1                              ACTUAL 
Current Number of Employees 
Salaries 
Number of Employees Retained 
Salaries 
Number of Additional Employees 
Salaries 
SECTION 4                                                                COST AND VALUES 
                                                      MANUFACTURING                RESEARCH &          LOGISTICAL DISTRIBUTION                 IT EQUIPMENT 
                                                      EQUIPMENT             DEVELOPMENT EQUIPMENT               EQUIPMENT 
AS ESTIMATED ON SB-1                                  COST         ASSESSED   COST           ASSESSED      COST              ASSESSED       COST       ASSESSED 
                                                                     VALUE                   VALUE                           VALUE                       VALUE 
Values Before Project                          $                   $        $          $               $                  $           $                $ 
Plus: Values of Proposed Project               $                   $        $          $               $                  $           $                $ 
Less: Values of Any Property Being Replaced    $                   $        $          $               $                  $           $                $ 
Net Values Upon Completion of Project          $                   $        $          $               $                  $           $                $ 
ACTUAL                                                COST         ASSESSED   COST           ASSESSED      COST              ASSESSED       COST       ASSESSED 
                                                                     VALUE                   VALUE                           VALUE                       VALUE 
Values Before Project                          $                   $        $          $               $                  $           $                $ 
Plus: Values of Proposed Project               $                   $        $          $               $                  $           $                $ 
Less: Values of Any Property Being Replaced    $                   $        $          $               $                  $           $                $ 
Net Values Upon Completion of Project          $                   $        $          $               $                  $           $                $ 
NOTE: The COST of the property is confidential pursuant to IC 6-1.1-12.1-5.6(c). 
SECTION 5                              WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER 
                       WASTE CONVERTED AND OTHER BENEFITS                                              AS ESTIMATED ON SB-1                    ACTUAL 
Amount of Solid Waste Converted 
Amount of Hazardous Waste Converted 
Other Benefits: 

SECTION 6                                                            TAXPAYER CERTIFICATION 
I hereby certify that the representations in this statement are true. 
Signature of Authorized Representative                                           Title                                              Date Signed (month, day, year) 

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  OPTIONAL: FOR USE BY A DESIGNATING BODY WHO ELECTS TO REVIEW THE COMPLIANCE WITH STATEMENT OF BENEFITS (FORM CF-1) 

INSTRUCTIONS:  (IC 6-1.1-12.1-5.9) 
1. Within forty-five (45) days after receipt of this form, the designating body may determine whether or not the property owner has substantially complied with 
   the Statement of Benefits.
2. If the property owner is found NOT to be in substantial compliance, the designating body shall send the property owner written notice. The notice must 
   include the reasons for the determination, including the date, time , and place of a hearing to be conducted by the designating body. If a notice is mailed to a 
   property owner, a copy of the written notice will be sent to the county assessor and the county auditor.
3. Based on the information presented at the hearing, the designating body shall determine whether or not the property owner has made areasonable effort to                     
   substantially comply with the Statement of Benefits and whether any failure to substantially comply was caused by factors beyond the control of the                        property 
   owner.
4. If the designating body determines that the property owner hasNOT made areasonable effort to comply, the designating body shall adopt a resolution                          
   terminating the deduction. The designating body shall immediately mail a certified copy of the resolution to: (1) the property owner; (2) the county auditor; 
   and (3) the county assessor.

We have reviewed the CF-1 and find that: 

☐  The property owner IS in substantial compliance 

☐  The property owner IS NOT in substantial compliance 

☐  Other    (specify) _________________________________________________________________________________________________________ 
Reasons for the Determination (attach additional sheets if necessary) 

Signature of Authorized Member                                                                                     Date Signed (month, day, year) 

Attested By                                                                  Designating Body 

If the property owner is found not to be in substantial compliance, the property owner shall receive the opportunity for a hearing. The following date and 
time has been set aside for the purpose of considering compliance. 
Time of Hearing                   ☐      AM   Date of Hearing (month, day, year)      Location of Hearing 
                                  ☐      PM

                                            HEARING RESULTS (to be completed after the hearing) 
                               ☐  Approved                                                         ☐      Denied (see Instruction 5 above)
Reasons for the Determination (attach additional sheets if necessary) 

Signature of Authorized Member                                                                                     Date Signed (month, day, year) 

Attested By                                                                  Designating Body 

                                                   APPEAL RIGHTS [IC 6-1.1-12.1-5.9(e)] 
A property owner whose deduction is denied by the designating body may appeal the designating body’s decision by filing a complaint in the office of the clerk of the Circuit 
or Superior Court together with a bond conditioned to pay the costs of the appeal if the appeal is determined against the property owner. 

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