Sec. 9. (a) The department of local government finance shall prescribe the format of a plan not later than September 1, 2019.
(b) A plan must:
(1) apply to at least the three (3) years immediately following the year the plan is adopted;
(2) estimate for each year to which the plan applies the nature and amount of proposed expenditures from each of the township's capital improvement funds; and
(3) estimate:
(A) the source of all revenue to be dedicated to the proposed expenditures in each of the three (3) calendar years; and
(B) the amount of property taxes to be collected in each of the three (3) calendar years and retained in the capital improvement funds for expenditures proposed for a later year.
As added by P.L.129-2019, SEC.4.
Structure Indiana Code
Article 6. Government of Townships
Chapter 9. Township Capital Improvement Plan
36-6-9-1. Applicability of Chapter
36-6-9-2. "Capital Improvement"
36-6-9-3. "Capital Improvement Fund"
36-6-9-5. Townships Required to Adopt Plan
36-6-9-6. Procedure for Plan Adoption
36-6-9-7. Deadline for Plan Adoption
36-6-9-8. Failure to Adopt a Plan
36-6-9-11. County Fiscal Body Consideration of Plan in Reviewing Township Budget