Indiana Statutes

§ 14-33-14-5 — Budget and appropriations to fund

Indiana·Art. 33 CONSERVANCY DISTRICTS·Ch. 14 Cumulative Maintenance Fund
(a)The board shall budget and appropriate annually to the fund an amount equivalent to ten percent (10%) of the annual cost of maintenance for the works of improvement as the cost is:
(1)stated in the district plan; or
(2)adjusted under section 8 of this chapter.
(b)Money accumulated in the fund may be used for emergency or unusually expensive maintenance of the works of improvement. [Pre-1995 Recodification Citation: 13-3-3-89(b).]

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Legislative History

As added by P.L.1-1995, SEC.26. Amended by P.L.228-2003, SEC.1.

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