Indiana § 36-9-25-29 Construction of sewage works; payment of bonds; tax levy; use of
revenues in lieu of levy

Indiana Statutes

§ 36-9-25-29 — Construction of sewage works; payment of bonds; tax levy; use of revenues in lieu of levy

Indiana § 36-9-25-29

Title 36LOCAL GOVERNMENT

Art. 9TRANSPORTATION AND PUBLIC WORKS

Ch. 25Sanitation Department in Certain Cities

This text of Indiana § 36-9-25-29 (Construction of sewage works; payment of bonds; tax levy; use of revenues in lieu of levy) 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 § 36-9-25-29 (2026).

Text

(a)In order to raise money to pay all bonds issued under section 27 of this chapter, including interest, and except as set forth in subsection (c), the board shall levy each year a special tax upon all the property of the district, to meet and pay the principal of the bonds as they mature, together with all accrued interest. The board shall have the tax levied each year certified to the municipal fiscal officer and to the auditor of the county in which the district is located by October 1. The tax as levied and certified shall be estimated and entered upon the tax duplicate by the county auditor. The tax shall be collected and enforced by the county treasurer in the same manner as state and county taxes are estimated, entered, collected, and enforced.

(b)As the tax is collected by the co

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(a) In order to raise money to pay all bonds
issued under section 27 of this chapter, including interest, and except
as set forth in subsection (c), the board shall levy each year a special
tax upon all the property of the district, to meet and pay the principal
of the bonds as they mature, together with all accrued interest. The
board shall have the tax levied each year certified to the municipal
fiscal officer and to the auditor of the county in which the district is
located by October 1. The tax as levied and certified shall be estimated
and entered upon the tax duplicate by the county auditor. The tax shall
be collected and enforced by the county treasurer in the same manner
as state and county taxes are estimated, entered, collected, and
enforced.
(b) As the tax is collected by the county treasurer, it shall be
accumulated and kept in a separate fund to be known as the sanitary
district bond fund. It shall be applied to the payment of the bonds and
interest as they mature and not to another purpose. All accumulations
of the fund before their use for the payment of the bonds and interest
shall be deposited with the depository or depositories of other public
funds in the municipality. The fund may also be invested as other funds
are invested. In determining the amount of levy necessary for this
section, the board shall consider the amount of revenue, if any, to be
derived from the collection of fees for sewage treatment service above
the amount of revenues necessary to be applied to the operation,
maintenance, and administrative expenses of the district.
(c) In lieu of making a levy under this section, or to reduce the
amount of the levy, the board may set aside, by resolution, the revenues
of the district to be collected before the maturity of the principal and
interest of the bonds payable in the following calendar year. If the
board adopts the resolution, then the board may not use any part of the
amount set aside out of the revenues for any purpose other than the
payment of the bonds and interest. A proportionate payment of the
amount shall be made to the bond fund monthly.
[Pre-Local Government Recodification Citation:
19-2-14-21.]
As added by Acts 1981, P.L.309, SEC.98. Amended by
P.L.80-1997, SEC.21.