Sec. 35. (a) The control board shall report the following to the county fiscal body:

(1) The audit findings of the management committee.

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Terms Used In Indiana Code 12-20-25-35

(2) The financial plan adopted under section 33 of this chapter.

     (b) Not more than thirty (30) days after notice, the county fiscal body shall adopt one (1) of the following:

(1) An ordinance adopting the financial plan adopted by the control board.

(2) An ordinance rejecting the financial plan adopted by the control board.

     (c) Notwithstanding IC 6-3.6-3, if:

(1) the financial plan adopted under section 33 of this chapter includes a local income tax rate; and

(2) the fiscal body adopts an ordinance adopting the financial plan under subsection (b);

the local income tax rate is imposed at the rate adopted in the financial plan. Subject to the requirements of this chapter and notwithstanding that the local income tax council may be the adopting body specified in IC 6-3.6-3-1, the county fiscal body, rather than the local income tax council, has the authority granted to a local income tax council by IC 6-3.6-3 as long as the local income tax rate imposed under this chapter remains in effect.

[Pre-1992 Revision Citation: 12-2-14-30.]

As added by P.L.2-1992, SEC.14. Amended by P.L.197-2016, SEC.104.