Sec. 9. (a) The department of local government finance shall prescribe the format of a plan not later than September 1, 2019.

lawyer at desk

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Indiana Code 36-6-9-9

  • capital improvement: means :

    Indiana Code 36-6-9-2

  • plan: refers to a township capital improvement plan adopted or amended under this chapter. See Indiana Code 36-6-9-4
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
     (b) A plan must:

(1) apply to at least the three (3) years immediately following the year the plan is adopted;

(2) estimate for each year to which the plan applies the nature and amount of proposed expenditures from each of the township’s capital improvement funds; and

(3) estimate:

(A) the source of all revenue to be dedicated to the proposed expenditures in each of the three (3) calendar years; and

(B) the amount of property taxes to be collected in each of the three (3) calendar years and retained in the capital improvement funds for expenditures proposed for a later year.

As added by P.L.129-2019, SEC.4.

  Previous section
Next section  
 Chapter 9 Contents