§ 16-23-1-28 — Anticipated deficiency; tax levy

(a) If the budget and estimate filed in the
auditor's office of the county in any year shows an anticipated
deficiency, the amount of the deficiency shall be set out in the copy of
the budget and estimate filed, and the board shall request that the fiscal
body of the county appropriate sufficient funds and levy a sufficient tax
rate on the taxable property of the county to meet the deficiency. The
county auditor shall, upon the basis of the request, compute the amount
of money necessary to be appropriated and the amount of tax levy
necessary to be made on the taxable property of the county to meet the
estimated deficiency in the anticipated hospital funds for the ensuing
calendar year. The auditor shall place the tax levy before the county
fiscal body at the fiscal body's annual budget meeting in September of
the same year the request is filed.
(b) The county fiscal body shall place the amount of the anticipated
deficiency in the county budget for the next calendar year and shall
levy a sufficient tax on all taxable property in the county to meet the
anticipated deficiency. However, the tax rate fixed by the county fiscal
body in any one (1) year may not exceed three and thirty-three
hundredths cents ($0.0333) on each one hundred dollars ($100) of
taxable property in the county. The levy is known as the hospital aid
tax.
[Pre-1993 Recodification Citation: 16-12.2-5-18.]

Legislative History

As added by P.L.2-1993, SEC.6. Amended by P.L.6-1997, SEC.169.