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Terms Used In Indiana Code 36-5-4-2

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Statute: A law passed by a legislature.
   Sec. 2. Unless a statute provides otherwise, town monies may be disbursed only after an appropriation made by ordinance of the town legislative body and recorded in a book kept for that purpose by the legislative body. Each appropriation must be made from the fund against which the expenses arose.

[Pre-Local Government Recodification Citation: 18-5-24-1.]

As added by Acts 1980, P.L.212, SEC.4.