Sec. 16.5. This section applies in each case in which the department of local government finance has the power to approve or disapprove the tax levy for a cumulative building or sinking fund proposed to be established by a political subdivision. The department may:
(1) approve the tax levy;
(2) disapprove the tax levy; or
(3) modify the tax levy by approving it at any amount less than the tax levy proposed to be established.
[Pre-Local Government Recodification Citation: 18-6-16-1.]
As added by Acts 1981, P.L.11, SEC.23. Amended by P.L.90-2002, SEC.157.
Structure Indiana Code
Chapter 17. Procedures for Fixing and Reviewing Budgets, Tax Rates, and Tax Levies
6-1.1-17-0.3. "Nonconforming"; Application
6-1.1-17-0.7. Estimates of Debt Service; Property Tax Rates and Revenue; Report of Annexations
6-1.1-17-5.2. Veto of Ordinance After October 1
6-1.1-17-5.3. School Corporation Anticipated Transfer Amount
6-1.1-17-5.6. School Corporation Resolutions to Adopt Fiscal Year Budgets
6-1.1-17-7. Multiple County Political Subdivision; Filing Budget, Tax Levy, and Tax Rate
6-1.1-17-8.5. Review by Department if Assessed Value Reduced; Appeal
6-1.1-17-16.1. Political Subdivision Budget, Tax Rates, Levies; Public Hearing Request
6-1.1-17-16.2. No Approval of Budget or Supplemental Appropriations Due to Noncompliance
6-1.1-17-16.2-b. Certain Reports Required Before Approval of Budgets and Supplemental Appropriations
6-1.1-17-17. Increase in Tax Rate and Levy by Department of Local Government Finance
6-1.1-17-19. Conflicting Provisions
6-1.1-17-21. Powers and Duties of City Controller in Consolidated City