§ 14-13-5-16 — Budgets

Indiana § 14-13-5-16

• Jurisdiction: Indiana
• Art. 13: LOCAL RESOURCE DEVELOPMENT
• Ch. 5: Ohio River Greenway Development Commission

Text

(a) The commission shall prepare and adopt
by majority vote an annual budget that shall be submitted to each
municipality or agency appropriating money for the use of the
commission. After the commission approves the budget, money may be
expended only as budgeted unless a majority vote of the commission
authorizes other expenditures. If money is appropriated by the
commission for the use of a county, a municipality, or an agency, the
money may not later be diverted from the county, municipality, or
agency without the consent of the county, municipality, or agency.
(b) Any appropriated amounts remaining unexpended or
unencumbered at the end of the year may become part of a
nonreverting cumulative fund to be held in the name of the
commission.
(c) The commission may authorize unbudgeted expenditures from
the nonreverting cumulative fund by a majority vote of the commission.
(d) The commission is responsible for money the commission
receives under this chapter. The state board of accounts shall:
(1) prescribe the methods and forms for keeping; and
(2) periodically audit;
the accounts, records, and books of the commission.
[Pre-1995 Recodification Citation: 14-6-37-13.]

Legislative History

As added by P.L.1-1995, SEC.6. Amended by P.L.116-2000, SEC.1.