§ 5-13-9.3-1 “Capital asset”
§ 5-13-9.3-2 “Fund”
§ 5-13-9.3-3 Investment of proceeds from certain capital assets; ordinance or resolution
§ 5-13-9.3-4 Establishment of separate fund; investment powers; agreement with investment advisor; expenditure or transfer of money in the fund
§ 5-13-9.3-5 Principal and interest of money in the fund; appropriation required; limits
§ 5-13-9.3-6 Department of local government finance may not reduce levy
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Terms Used In Indiana Code > Title 5 > Article 13 > Chapter 9.3 - Investment of Proceeds Received From the Sale of Certain Capital Assets

  • 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
  • capital asset: means a building, a fixture, a structure, an improvement, or land. See Indiana Code 5-13-9.3-1
  • Contract: A legal written agreement that becomes binding when signed.
  • fund: means a fund established under section 4 of this chapter. See Indiana Code 5-13-9.3-2
  • 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