Indiana § 36-7-14-28 Tax levy for planning, property acquisition, and expenses; deposit in
capital and general funds

Indiana Statutes

§ 36-7-14-28 — Tax levy for planning, property acquisition, and expenses; deposit in capital and general funds

Indiana § 36-7-14-28

Title 36LOCAL GOVERNMENT

Art. 7PLANNING AND DEVELOPMENT

Ch. 14Redevelopment of Areas Needing Redevelopment

This text of Indiana § 36-7-14-28 (Tax levy for planning, property acquisition, and expenses; deposit in capital and general funds) 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 § 36-7-14-28 (2026).

Text

(a)A tax at a rate not to exceed three and thirty-three hundredths cents ($0.0333) per one hundred dollars ($100) of assessed valuation in a municipality and a tax at a rate not to exceed one and thirty-three hundredths cents ($0.0133) per one hundred dollars ($100) of assessed valuation in a county may be levied each year for the purposes of this chapter, including:

(1)the payment, in whole or in part, of planning and survey costs;

(2)the costs of property acquisition and redevelopment; and

(3)the payment of all general expenses of the department of redevelopment. However, a county may not levy this tax within the jurisdiction of a city redevelopment commission.

(b)Each year the redevelopment commission shall formulate and file a budget for the tax levy, in the same manner as executi

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(a) A tax at a rate not to exceed three and
thirty-three hundredths cents ($0.0333) per one hundred dollars ($100)
of assessed valuation in a municipality and a tax at a rate not to exceed
one and thirty-three hundredths cents ($0.0133) per one hundred
dollars ($100) of assessed valuation in a county may be levied each
year for the purposes of this chapter, including:
(1) the payment, in whole or in part, of planning and survey costs;
(2) the costs of property acquisition and redevelopment; and
(3) the payment of all general expenses of the department of
redevelopment.
However, a county may not levy this tax within the jurisdiction of a city
redevelopment commission.
(b) Each year the redevelopment commission shall formulate and
file a budget for the tax levy, in the same manner as executive
departments of the unit are required to formulate and file budgets. This
budget is subject to review and modification in the same manner as the
budgets and tax levies formulated by executive departments of the unit.
(c) Revenues obtained from the tax levy for the payment in whole
or in part of the costs of acquisition of land, rights-of-way, or other
properties shall be deposited in the redevelopment district capital fund
established under section 26 of this chapter. Other revenues obtained
from the tax levy shall be deposited in a fund to be known as the
redevelopment district general fund.
[Pre-Local Government Recodification Citations: 18-7-7-26;
18-7-7.1-26.]
As added by Acts 1981, P.L.309, SEC.33. Amended by
P.L.380-1987(ss), SEC.15; P.L.6-1997, SEC.210.