Note: This version of section effective 7-1-2027. See also preceding version of this section, effective until 7-1-2027.
Sec. 35. (a) The control board shall report the following to the county fiscal body:
(1) The audit findings of the management committee.
(2) The financial plan adopted under section 33 of this chapter.
(b) Not more than thirty (30) days after notice, the county fiscal body shall adopt one (1) of the following:
(1) An ordinance adopting the financial plan adopted by the control board.
(2) An ordinance rejecting the financial plan adopted by the control board.
(c) Notwithstanding IC 6-3.6-3, if:
(1) the financial plan adopted under section 33 of this chapter includes a local income tax rate; and
(2) the fiscal body adopts an ordinance adopting the financial plan under subsection (b);
the local income tax rate is imposed at the rate adopted in the financial plan.