Indiana Code 36-9-17.5-3. Deposit of revenues
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Sec. 3. (a) The following revenues may be deposited in the cumulative township vehicle and building fund:
(2) Other sources of revenue specified by resolution of the township legislative body.
(1) All or part of the revenues from a property tax levy dedicated for township vehicle and building purposes.
Terms Used In Indiana Code 36-9-17.5-3
- 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.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(b) Appropriations may be made from the cumulative township vehicle and building fund only for the purposes specified in section 2 of this chapter.
(c) Money in the cumulative township vehicle and building fund does not revert to the township general fund at the end of a township fiscal year.
As added by P.L.129-1999, SEC.2.