Indiana § 36-10-11-35 Board of managers; preparation and review of annual budget; approval
of expenditures

Indiana Statutes

§ 36-10-11-35 — Board of managers; preparation and review of annual budget; approval of expenditures

Indiana § 36-10-11-35

Title 36LOCAL GOVERNMENT

Art. 10RECREATION, CULTURE, AND COMMUNITY

Ch. 11Gary Building Authority

This text of Indiana § 36-10-11-35 (Board of managers; preparation and review of annual budget; approval of expenditures) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 36-10-11-35 (2026).

Text

(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 fiscal body of the lessee governmental entity.

(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 fiscal body of the entity.

(c)Payments to the users of a building 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. As added by Acts 1982, P.L.218, SEC.5. Amended by P.L.178-2

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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 fiscal body
of the lessee governmental entity.
(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 fiscal body of the entity.
(c) Payments to the users of a building 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.
As added by Acts 1982, P.L.218, SEC.5. Amended by
P.L.178-2002, SEC.139.