Sec. 4. All expenses of the commission shall be paid from the fund established in section 7 of this chapter. The commission shall annually prepare a budget. The budget for expenditures under section 7 of this chapter must take into consideration the recommendations made by a nonprofit corporation qualifying under section 7 of this chapter. The commission shall submit the budget to the county council for its review and approval. No expenditure shall be made unless:

(1) it is pursuant to an appropriation made by the county council in the manner provided by law; and

Terms Used In Indiana Code 6-9-2.5-4

  • 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
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(2) if the expenditure is payable from the tourism capital improvement fund, the specific project for which the expenditure will be made has been:

(A) recommended to the county council by the commission; and

(B) approved by the county council.

As added by Acts 1976, P.L.22, SEC.1. Amended by P.L.49-1994, SEC.6.

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