Indiana § 36-9-11.1-14 Funds for expenses of department before issuance of bonds or receipt
of revenues

Indiana Statutes

§ 36-9-11.1-14 — Funds for expenses of department before issuance of bonds or receipt of revenues

Indiana § 36-9-11.1-14

Title 36LOCAL GOVERNMENT

Art. 9TRANSPORTATION AND PUBLIC WORKS

Ch. 11.1Parking Facilities in Marion County

This text of Indiana § 36-9-11.1-14 (Funds for expenses of department before issuance of bonds or receipt of revenues) 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 § 36-9-11.1-14 (2026).

Text

(a)All expenses to be incurred by the department, necessary to be paid before the issuance of bonds or the receipt of revenues by the department, shall be met and paid in the following manner:

(1)The board shall from time to time certify an estimate of the maximum amount of the items of expense to the fiscal officer of the consolidated city, who shall report whether any funds for payment are available.

(2)If so available, and when set aside for that purpose, the board may authorize expenses within the maximum amounts, and shall direct the fiscal officer to pay the amounts, as incurred.

(3)The fiscal officer shall then draw warrants for payment, which shall be paid out of any available general funds of the city not already appropriated, without special appropriation being made by and wi

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(a) All expenses to be incurred by the
department, necessary to be paid before the issuance of bonds or the
receipt of revenues by the department, shall be met and paid in the
following manner:
(1) The board shall from time to time certify an estimate of the
maximum amount of the items of expense to the fiscal officer of
the consolidated city, who shall report whether any funds for
payment are available.
(2) If so available, and when set aside for that purpose, the board
may authorize expenses within the maximum amounts, and shall
direct the fiscal officer to pay the amounts, as incurred.
(3) The fiscal officer shall then draw warrants for payment, which
shall be paid out of any available general funds of the city not
already appropriated, without special appropriation being made
by and without the approval of any other body.
(4) In case there are no unappropriated and available general
funds of the city, the fiscal officer may recommend to the
legislative body a temporary transfer, from any other funds of the
city that may be available, of a sufficient amount to meet the
items of expense, or the making of a temporary loan for that
purpose, and the legislative body shall make the transfer of funds
or authorize a temporary loan, in the same manner as other
transfers or temporary loans are made by the city.
(b) The amount advanced by the city under subsection (a)(4) and
outstanding at any time may not exceed one hundred fifty thousand
dollars ($150,000), and the fund or funds of the city from which an
advancement is made shall be fully reimbursed and repaid by the board
out of the first proceeds of bonds issued under this chapter, or out of
revenues of the department when revenues are sufficient for that
purpose. Any funds so repaid shall be considered appropriated and
shall be credited to whatever fund, or funds, they were withdrawn from
for the advances. No part of the funds advanced by the city at any time
may be used for the acquisition of any property or its improvement or
for the payment of any bonds.
As added by Acts 1982, P.L.77, SEC.13.