Indiana Statutes

§ 36-6-9-9 — Plan requirements

Indiana·Title 36 LOCAL GOVERNMENT·Art. 6 GOVERNMENT OF TOWNSHIPS·Ch. 9 Township Capital Improvement Plan
(a)The department of local government finance shall prescribe the format of a plan not later than September 1, 2019.
(b)A plan must:
(1)apply to at least the three (3) years immediately following the year the plan is adopted;
(2)estimate for each year to which the plan applies the nature and amount of proposed expenditures from each of the township's capital improvement funds; and
(3)estimate:
(A)the source of all revenue to be dedicated to the proposed expenditures in each of the three (3) calendar years; and
(B)the amount of property taxes to be collected in each of the three (3) calendar years and retained in the capital improvement funds for expenditures proposed for a later year.

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Legislative History

As added by P.L.129-2019, SEC.4.

Nearby Sections

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