§ 36-4-7-7 — Report of estimates; ordinance fixing taxation rate; appropriation

(a) The fiscal officer shall present the report of
budget estimates to the city legislative body under IC 6-1.1-17. After
reviewing the report, the legislative body shall prepare an ordinance
fixing the rate of taxation for the ensuing budget year and an ordinance
making appropriations for the estimated department budgets and other
city purposes during the ensuing budget year. The legislative body, in
the appropriation ordinance, may reduce any estimated item from the
figure submitted in the report of the fiscal officer, but it may increase
an item only if the executive recommends an increase. The legislative
body shall promptly act on the appropriation ordinance.
(b) In preparing the ordinances described in subsection (a) the
legislative body shall make an allowance for the cost of fire protection
to annexed territory described in IC 36-4-3-7(c), for the year fire
protection is first offered to that territory.
[Pre-Local Government Recodification Citation: 18-1-6-6.5
part.]
As added by Acts 1980, P.L.212, SEC.3. Amended by
P.L.341-1987, SEC.2; P.L.5-1989, SEC.104; P.L.104-2022,
SEC.162.