Indiana Code 36-1-19-2. Payment by county; payment by state
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Sec. 2. At the time the county auditor of Knox County makes the county auditor’s regular semiannual settlement with the proper fiduciary officer of Vincennes University for the proceeds of the special tax levy that may be then due Vincennes University under this chapter, the county auditor shall also forward to the state comptroller a certificate showing:
(2) the special tax rate established by the county council for the support of Vincennes University for the current year; and
(1) the total valuation of the taxable property of Knox County;
Terms Used In Indiana Code 36-1-19-2
- Fiduciary: A trustee, executor, or administrator.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(3) the total amount paid on behalf of Knox County as public aid to Vincennes University at the semiannual settlement.
Semiannually upon receipt of the certificate, the state comptroller shall promptly draw and forward to Vincennes University a warrant on the treasurer of state in double the amount shown by the certificate of the Knox County auditor to have been paid as public aid to Vincennes University at the semiannual settlement. The warrant must be charged to and paid out of the state general fund.
[Pre-2007 Higher Education Recodification Citation: 23-13-17-2.]
As added by P.L.2-2007, SEC.382. Amended by P.L.9-2024, SEC.543.