Indiana Code 14-25-9-4. Revolving fund
Current as of: 2023 | Check for updates
|
Other versions
Sec. 4. (a) Money accruing to the use of the department under this chapter constitutes a revolving fund for the sole use of the water resources program of the state.
(b) Money in the fund at the end of a state fiscal year does not revert to the state general fund. When the water resources program of the state has been completed, the unexpended money reverts to the state general fund.
[Pre-1995 Recodification Citation: 13-2-8-2(c).]
As added by P.L.1-1995, SEC.18.
Terms Used In Indiana Code 14-25-9-4
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.