Sec. 4. To provide for the cumulative building fund, a tax on all taxable property within the county may be levied annually for not more than twelve (12) years and may not exceed eleven and sixty-seven hundredths cents ($0.1167) on each one hundred dollars ($100) of assessed valuation of property in the county.
Ind. Code § 16-22-5-4
Tax levy for cumulative building fund
Applied in 1 court decision — leading case Board of Commissioners v. Vincent (2013)
Most recently applied in Board of Commissioners v. Vincent (May 2013)
As added by P.L.2-1993, SEC.5
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.