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Ind. Code § 36-9-17.5-3

Deposit of revenues

As added by P.L.129-1999, SEC.2.

Sec. 3. (a) The following revenues may be deposited in the cumulative township vehicle and building fund:

(1) All or part of the revenues from a property tax levy dedicated for township vehicle and building purposes.

(2) Other sources of revenue specified by resolution of the township legislative body.

(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.

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