Indiana § 36-9-25-31 Payment of general expenses; special tax levy for payment of bonds

Indiana Statutes

§ 36-9-25-31 — Payment of general expenses; special tax levy for payment of bonds

Indiana § 36-9-25-31

Title 36LOCAL GOVERNMENT

Art. 9TRANSPORTATION AND PUBLIC WORKS

Ch. 25Sanitation Department in Certain Cities

This text of Indiana § 36-9-25-31 (Payment of general expenses; special tax levy for payment of bonds) 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 § 36-9-25-31 (2026).

Text

To provide money to pay for general
expenses of the board not chargeable to the cost of any property
acquired or work done under a resolution of the board for which bonds
of the district are issued, the board may issue the bonds of the district
in an aggregate amount not to exceed two percent (2%) of the adjusted
value of the taxable property within the district as determined under IC 36-1-15. The bonds are payable from a special tax, which the board
shall levy annually at the rate required to finance the bonds. The tax
shall be levied, collected, and expended according to section 32 of this
chapter.
[Pre-Local Government Recodification Citation:
19-2-26-1.]
As added by Acts 1981, P.L.309, SEC.98. Amended by
P.L.6-1997, SEC.224.

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To provide money to pay for general
expenses of the board not chargeable to the cost of any property
acquired or work done under a resolution of the board for which bonds
of the district are issued, the board may issue the bonds of the district
in an aggregate amount not to exceed two percent (2%) of the adjusted
value of the taxable property within the district as determined under IC 36-1-15. The bonds are payable from a special tax, which the board
shall levy annually at the rate required to finance the bonds. The tax
shall be levied, collected, and expended according to section 32 of this
chapter.
[Pre-Local Government Recodification Citation:
19-2-26-1.]
As added by Acts 1981, P.L.309, SEC.98. Amended by
P.L.6-1997, SEC.224.