Indiana § 36-1-29.5-12 Transfers and deposits into fund

Indiana Statutes

§ 36-1-29.5-12 — Transfers and deposits into fund

Indiana § 36-1-29.5-12

Title 36LOCAL GOVERNMENT

Art. 1GENERAL PROVISIONS

Ch. 29.5Workforce Retention and Recruitment Program and

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Bluebook

Ind. Code § 36-1-29.5-12 (2026).

Text

(a)The fiscal body of a unit may transfer or deposit the following into a fund:

(1)Any private grants or contributions.

(2)Appropriations to the fund included in the unit's budget.

(3)Except for money in a fund with a restricted purpose, but otherwise notwithstanding any use of funds prohibition as long as the transfer or deposit is authorized by the relevant statutory procedure:

(A)any surplus, unexpended, unappropriated, unencumbered, or otherwise available public or private money; and

(B)from any general account, reverting or nonreverting fund, special account, or trust, other than a fund or account that receives bond proceeds, created or administered by any department, board, authority, commission, political subdivision, special service district, special taxing district, or any o

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(a) The fiscal body of a unit may transfer
or deposit the following into a fund:
(1) Any private grants or contributions.
(2) Appropriations to the fund included in the unit's budget.
(3) Except for money in a fund with a restricted purpose, but
otherwise notwithstanding any use of funds prohibition as long as
the transfer or deposit is authorized by the relevant statutory
procedure:
(A) any surplus, unexpended, unappropriated, unencumbered,
or otherwise available public or private money; and
(B) from any general account, reverting or nonreverting fund,
special account, or trust, other than a fund or account that
receives bond proceeds, created or administered by any
department, board, authority, commission, political subdivision,
special service district, special taxing district, or any other
instrumentality of local government under IC 36 with authority
to collect or receive taxes, interest, or any other public or
private money.
(b) Notwithstanding any other statute, an executive of a unit that has
established a program under section 8 of this chapter, after consulting
with the fiscal body and fiscal officer of the unit, may authorize a
transfer or loan to a fund from any dedicated fund or account, other
than a fund or account that receives bond proceeds, before the purpose
for which the dedicated fund or account was established has been
accomplished.
(c) Two (2) or more units may, by written agreement, collaborate,
commingle funds, or otherwise work together for the benefit of
administering or carrying out the purposes of the units' funds.