Sec. 51. (a) The board of directors of a public transportation corporation shall prepare an annual budget for the expenditures of the corporation.
(b) This subsection applies only when a municipality, having operated an urban mass transportation system under a department of municipal government, establishes a public transportation corporation under section 10 of this chapter to maintain that system. The annual operating and maintenance budget for the corporation shall be subject to review and modification by the legislative body of the municipality.
(c) A public transportation corporation may not impose a property tax levy on property that it has not taxed before January 1, 1982, and that lies outside the corporate boundaries of the municipality without the approval of the fiscal body or county council of the county in which the municipality is located.
(d) The budget and any tax levies prepared by the board shall be prepared and submitted at the same time, in the same manner, and with the same notice as is prescribed by IC 6-1.1-17 for the annual budget of the municipality. The department of local government finance may review the budget and tax levies in the same manner by which the department reviews budgets and tax levies of the municipality.
[Pre-Local Government Recodification Citation: 19-5-2-30.]
As added by Acts 1981, P.L.309, SEC.77. Amended by Acts 1982, P.L.217, SEC.2; P.L.90-2002, SEC.507; P.L.257-2019, SEC.159.
Structure Indiana Code
Article 9. Transportation and Public Works
Chapter 4. Urban Mass Transportation Systems; Public Transportation Corporation
36-9-4-1. Application of Chapter
36-9-4-2. "Management" Defined
36-9-4-3. Declaration of Public Purpose
36-9-4-4. Existing Systems; Application for Assistance From Municipalities
36-9-4-5. Financial Assistance From Municipality; Necessary Findings; Types of Assistance
36-9-4-6. Grants to Systems by Municipalities; Contracts
36-9-4-7. Purchase of Property From System by Municipality; Contracts and Leases; Appraisals
36-9-4-9. Public Acquisition of Systems; Application to Municipality; Studies
36-9-4-11. Establishment of Systems by Municipalities
36-9-4-12. Public Transportation Corporation; Name
36-9-4-14. Public Transportation Corporation; Management by Board of Directors
36-9-4-15. Cities; Public Transportation Corporations; Board of Directors; Membership
36-9-4-16. Towns; Public Transportation Corporations; Board of Directors; Membership
36-9-4-17. Directors; Membership in Political Parties
36-9-4-18. Board of Directors; Vacancies
36-9-4-19. Impeachment of Directors
36-9-4-20. Compensation of Directors
36-9-4-21. Board of Directors; Officers
36-9-4-22. Meetings of Board of Directors
36-9-4-23. Board of Directors; Quorum; Approval of Actions; Records; Management of Internal Affairs
36-9-4-24. Introduction of Proposed Ordinances; Public Notice
36-9-4-25. Adoption of Ordinances; Procedure
36-9-4-26. Printing and Distribution of Ordinances
36-9-4-28. Purchase of Property From System by Corporation
36-9-4-29.4. Expansion of Services Outside Operational Boundaries
36-9-4-30. Board of Directors; Power to Acquire, Hold, and Dispose of Property
36-9-4-31. Board of Directors; Seal
36-9-4-32. Eminent Domain; Procedure
36-9-4-33. Board of Directors; Power to Contract
36-9-4-36. Board of Directors; Power to Sue; Service of Process
36-9-4-37. Board of Directors; Employees; Collective Bargaining Agreements
36-9-4-38. Surveys and Studies
36-9-4-39. "Demand-Responsive" or "Dial-a-Ride" System
36-9-4-40. Board of Directors; Power to Fulfill Purposes of Corporation
36-9-4-41. Acquisition of Systems by Corporation; Protection of Employees
36-9-4-43. Issuance of Bonds by Municipality; Procedure
36-9-4-44. Issuance of Bonds by Corporation; Procedure
36-9-4-45. Bonds; Terms; Tax Exemption; Procedure
36-9-4-46. Bonds; Special Tax Levy
36-9-4-47. Tax Anticipation Warrants
36-9-4-48. Cumulative Transportation Fund; Establishment; Notice; Tax Levy
36-9-4-49. Insufficient Funds; Special Tax Levy
36-9-4-50. Federal or State Aid
36-9-4-51. Review of Annual Budget and Tax Levies
36-9-4-52. Property Tax Exemption
36-9-4-53. Books, Records, and Accounts
36-9-4-54. Transportation of School Pupils; Contracts
36-9-4-55. Interlocal Cooperation Agreements; Authorization
36-9-4-57. Improvement Reserve Fund
36-9-4-58. Regulation of Department of State Revenue; Fares; Operating Expenses