Indiana Code
Chapter 7. Redemption Bonds of Counties and Townships
5-1-7-4. Calculation of Tax Levy Necessary to Make Payments on Principal and Interest on Redemption Bonds; Submission to County Council

Sec. 4. At the time when the annual estimates are made for the county budget, the county auditor shall calculate the amount of the tax levy which will be necessary to make the payments on the principal and interest on such redemption bonds during the ensuing fiscal year of the county and shall submit his calculation, together with a detailed statement of all bonds outstanding and payable under the provisions of this chapter, to the county council at its annual meeting, and the county council shall levy the amount found to be necessary to make such payments as they fall due during the ensuing fiscal year.
[Pre-Local Government Recodification Citation: 17-3-82-4.]
As added by Acts 1980, P.L.8, SEC.12.