Indiana § 36-10-10-31 Board of managers; preparation and approval of annual budget;
approval of expenditures

Indiana Statutes

§ 36-10-10-31 — Board of managers; preparation and approval of annual budget; approval of expenditures

Indiana·Title 36 LOCAL GOVERNMENT·Art. 10 RECREATION, CULTURE, AND COMMUNITY·Ch. 10 Civic Center Building Authority in South Bend or

(a)The board of managers shall prepare a budget for each calendar year governing the projected operating expenses, the estimated income, and reasonable reserves. It shall submit that budget for review, approval, or addition to the city legislative body.

(b)The board of managers may not make expenditures except as provided in the approved budget, and all additional expenditures are subject to approval by the city legislative body.

(c)Payments to the users of the convention center or a part of it that constitute a contractual share of box office receipts are not considered an operating expense or an expenditure within the meaning of this section, and the board of managers may make those payments without approval of the city executive or of the city legislative body. As added by Acts 1982,

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(a) The board of managers shall prepare a
budget for each calendar year governing the projected operating
expenses, the estimated income, and reasonable reserves. It shall
submit that budget for review, approval, or addition to the city
legislative body.
(b) The board of managers may not make expenditures except as
provided in the approved budget, and all additional expenditures are
subject to approval by the city legislative body.
(c) Payments to the users of the convention center or a part of it that
constitute a contractual share of box office receipts are not considered
an operating expense or an expenditure within the meaning of this
section, and the board of managers may make those payments without
approval of the city executive or of the city legislative body.
As added by Acts 1982, P.L.218, SEC.4.

Indiana § 36-10-10-31 (Board of managers; preparation and approval of annual budget; approval of expenditures) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.