§ 36-1-8-6 — Reversion of unused appropriation; funds received from state or the United States

(a) The unused and unencumbered balance of an
appropriation made by a unit for any purpose reverts, at the end of the
unit's fiscal year, to the fund from which the appropriation was made,
unless a statute provides otherwise.
(b) Any amount necessary to pay a bill, judgment, or valid claim
concerning any balance that reverts under subsection (a) shall be taken
from the fund to which it reverted to pay the bill, judgment, or valid
claim.
(c) Notwithstanding subsection (a), if an appropriation is made by
a unit to establish or maintain a program of self-insurance by the unit,
the balance described in subsection (a) reverts to the fund only if the
fiscal body of the unit specifically adopts subsection (a) when it makes
the appropriation.
(d) Subsection (a) does not apply to dedicated or appropriated funds
received from the state or the United States, to funds of municipal
utilities, or to balances of appropriations made from the general fund
of a city for transfer to the aviation fund of the city.
[Pre-Local Government Recodification Citations:
17-1-24-23; 17-1-24-23.5; 18-1-6-7; 18-6-11-2; 18-6-11-3;
18-6-11-7.]
As added by Acts 1980, P.L.211, SEC.1.