Sec. 17. (a) The territory within the boundaries of the township comprises a special taxing district for the purpose of levying special benefit taxes for park and recreational purposes as provided in this chapter.

     (b) The fiscal body of the township shall determine and provide the revenues necessary for the operation of the department or for capital expenditures not covered by the issuance of bonds by:

Terms Used In Indiana Code 36-10-7.5-17

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • department: refers to a department of parks and recreation created under section 5 of this chapter. See Indiana Code 36-10-7.5-2
  • district: refers to a special taxing district created under this chapter. See Indiana Code 36-10-7.5-3
(1) a specific levy to be used exclusively for these purposes;

(2) a special appropriation; or

(3) both.

As added by P.L.157-1991, SEC.15.

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