Indiana Statutes
§ 8-14-9-13 — Tax; imposition; limitation
For the purpose of raising money to pay bonds
issued under section 10 of this chapter as the bonds severally mature,
and to pay all interest accruing on the bonds, the county council of a
qualified county may, notwithstanding IC 8-18-8-5, impose a special
tax on all real and personal property located within the local county
road and bridge district. However, the county council may only impose
a tax under this section for a particular budget year to the extent that
the estimated revenues that the county will receive from the county
vehicle excise tax and the county wheel tax during that budget year will
be insufficient to pay the principal and interest coming due on those
bonds during that budget year. The special tax constitutes the amount
of benefits to the property which result from carr
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Nearby Sections
15
§ 8-1-1-11
Staff of commission§ 8-1-1-12
Repealed§ 8-1-1-13
Repealed§ 8-1-1-14
Annual report§ 8-1-1-15
Implementing rules; duration§ 8-1-1-16
Commission to consider effect of governmental requirements upon
utility's operational expenses§ 8-1-1-4
Repealed§ 8-1-1-4.1
Payment of expenses§ 8-1-1-6
Repealed