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Ind. Code § 36-9-16.5-3

Source of revenues

As added by Acts 1981, P.L.307, SEC.2.

Sec. 3. (a) Revenues which may be deposited to the cumulative street fund include:

(1) all or part of the revenues from any property tax levy dedicated for road and street purposes;

(2) all or part of the municipality's federal revenue sharing funds; or

(3) other sources by resolution of the municipal legislative body.

(b) Appropriations may be made from the cumulative street fund for the purpose authorized under section 2.

(c) Monies in the cumulative street fund do not revert to the general fund at the end of any fiscal year.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.