Sec. 6. The department shall determine the information to be disclosed in the summary that the department considers necessary to reflect the financial condition and operations of the political subdivision, which may include the following:

(1) Information disclosed under IC 5-14-3.7 or IC 5-14-3.8.

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Terms Used In Indiana Code 5-14-3.9-6

  • department: refers to the department of local government finance established by Indiana Code 5-14-3.9-1
  • political subdivision: means a county, township, city, town, school corporation, library district, fire protection district, public transportation corporation, local hospital authority or corporation, local airport authority district, special service district, special taxing district, or other separate local governmental entity that may sue and be sued. See Indiana Code 5-14-3.9-2
  • summary: means the financial and operational summary required by this chapter. See Indiana Code 5-14-3.9-3
(2) Total operating budget.

(3) Approximate number of full-time and part-time employees.

(4) Outstanding indebtedness and interest paid on indebtedness.

(5) Disbursements.

(6) Assessed valuation and tax rates.

(7) Revenue from all sources.

As added by P.L.208-2016, SEC.4.