Sec. 8. The board shall prepare a budget for each calendar year covering the projected operating expenses, estimated income, and reasonable reserves. It shall submit the budget for review, approval, or rejection to the fiscal body of the county and, if the board was created under IC 18-7-18 (before its repeal on February 24, 1982), also the fiscal body of the second class city. The board may make expenditures only as provided in the budget as approved, unless additional expenditures are approved by the respective fiscal bodies.
As added by Acts 1982, P.L.218, SEC.3. Amended by P.L.3-1990, SEC.146.
Structure Indiana Code
Article 10. Recreation, Culture, and Community Facilities
Chapter 8. Capital Improvement Boards in Certain Counties
36-10-8-1. Application of Chapter
36-10-8-3. Continuation; Creation; Authority to Finance Capital Improvements
36-10-8-4. Membership; Terms; Vacancies; Removal; Oath; Reimbursement of Expenses
36-10-8-5. Organizational Meeting; Officers; Bylaws; Quorum; Approval of Actions
36-10-8-8. Budget; Preparation; Review
36-10-8-9. Deposit of Net Income From Operation of Capital Improvements
36-10-8-10. Payment of Certain Operational Expenses From Capital Improvement Fund
36-10-8-11. Handling and Expenditure of Funds; Treasurer; Controller; Reports; Audits
36-10-8-12. Capital Improvement Fund; Deposit of Tax Revenues; Expenditures
36-10-8-14. Revenue Bonds; Authority to Issue; Procedure
36-10-8-15. Bonds; Covenant With Purchasers; Continuation of Statute
36-10-8-16. General Obligation Bonds; Authority to Issue; Procedure
36-10-8-17. Bonds; Application of Proceeds to Construction Cost; Deposit in Reserve Subaccount
36-10-8-20. Dissolution of Boards Created Under Ic 18-7-18; Escheat of Funds
36-10-8-21. Capital Improvement Board of Managers Operations; Annual Report