Sec. 17. (a) Before November 1 of each year, the board shall prepare and submit to the fiscal body a budget for the following calendar year governing the board's projected expenditures from the economic improvement fund. The fiscal body may approve, modify, or reject the proposed budget.
(b) The board may make an expenditure from the economic improvement fund only if the expenditure was approved by the fiscal body in its review of the board's budget or was otherwise approved by the fiscal body.
As added by P.L.195-1988, SEC.1.
Structure Indiana Code
Article 7. Planning and Development
Chapter 22. Economic Improvement Districts
36-7-22-1. Application of Chapter
36-7-22-3. "Economic Improvement Project" Defined
36-7-22-4. Petition; Filing; Contents
36-7-22-5. Apportionment of Benefits
36-7-22-6. Hearing; Notice; Questions Heard
36-7-22-7. Ordinance; Establishing District
36-7-22-9. Ordinance; Repeal or Amendment
36-7-22-10. Ordinance; Exemption From Special Assessments
36-7-22-11. Ordinance; Economic Improvement Board
36-7-22-13. Ordinance or Assessment Schedule; Action Contesting Validity
36-7-22-14. Certification of Final Scheduled Assessments
36-7-22-15. Assessments; Payment to Board
36-7-22-16. Economic Improvement Fund
36-7-22-18. Purchasing Materials or Equipment; Contracting for Public Works
36-7-22-19. Lease or Contractual Agreements
36-7-22-20. Disposal of Assets and Liabilities Upon Repeal of Ordinance
36-7-22-22. Powers of the Board to Finance Economic Improvement Projects