§ 36-7-5.1-15 — Acceptance of gifts, donations, and grants; deposit; use

Indiana § 36-7-5.1-15

• Jurisdiction: Indiana
• Title 36: LOCAL GOVERNMENT
• Art. 7: PLANNING AND DEVELOPMENT
• Ch. 5.1: Joint District Planning and Zoning

Text

(a) A commission may accept gifts,
donations, and grants from private or governmental services for
commission purposes. The commission shall deposit money that it
receives under this section in a joint district fund (or other suitable
fund). The commission shall keep these funds available for
expenditures for the purpose designated.
(b) The commission shall prepare and adopt an annual budget and
submit it to the joint district council for approval or revision. If the joint
district council does not consider the budget within thirty (30) days
after submission of the budget, the budget is considered approved by
the joint district council. After approval of the budget, money may be
expended only as budgeted, or as provided in this section for the use of
unexpended or unencumbered funds.
(c) Any appropriated amounts remaining unexpended or
unencumbered at the end of the fiscal year become part of a
nonreverting cumulative joint district fund (or other suitable fund that
the commission may establish) to be held in the name of the
commission. The commission may authorize unbudgeted expenditures
from this fund.
(d) A commission is responsible for the safekeeping and deposit of
money it receives under this chapter. The state board of accounts shall
prescribe the methods and forms for keeping the accounts, records, and
books of the commission and shall periodically audit the commission.
(e) The secretary of the commission may receive, disburse, and
handle money belonging to the commission, subject to applicable
statutes and to any procedures that the commission may establish.

Legislative History

As added by P.L.300-1989, SEC.2.