§ 14-27-6-51 — Expenses

Indiana § 14-27-6-51

• Jurisdiction: Indiana
• Art. 27: LEVEES, DAMS, AND DRAINAGE
• Ch. 6: Levee Authority in Vanderburgh County

Text

All expenses incurred by the board
necessary to be paid before the collection of taxes levied under this
chapter shall be met and paid in the following manner:
(1) The board shall periodically certify items of expense to the
controller of the city directing the controller to pay the amounts.
The controller shall draw a warrant that shall be paid out of the
general money of the city not appropriated without special
appropriation being made by the city fiscal body or approval of
any other body.
(2) If there is not unappropriated general money of the city, the
controller shall recommend to the city fiscal body the temporary
transfer from other money of the city of a sufficient amount to
meet the items of expense or the making of a temporary loan for
this purpose. The city fiscal body shall immediately make the
transfer or authorize the temporary loan in the same manner that
other transfers and temporary loans are made by the city. The
amount advanced by the city may not exceed fifty thousand
dollars ($50,000), and the fund of the city from which the
advancement is made shall be fully reimbursed and repaid by the
authority out of the first proceeds of the taxes levied under this
chapter. Money advanced by the city may not be used in the
acquisition of real property.
[Pre-1995 Recodification Citation: 13-2-31-30.]

Legislative History

As added by P.L.1-1995, SEC.20.