Indiana Code
Chapter 17. Procedures for Fixing and Reviewing Budgets, Tax Rates, and Tax Levies
6-1.1-17-16.7. Proposals to Establish Cumulative Funds or Sinking Funds; Submission to Department of Local Government Finance

Sec. 16.7. (a) A political subdivision that in any year adopts a proposal to establish a cumulative fund or sinking fund under any of the following provisions must submit the proposal to the department of local government finance before August 2 of that year, for years before 2018, and before May 1 of that year, for years after 2017:
IC 3-11-6
IC 8-10-5
IC 8-16-3
IC 8-16-3.1
IC 8-22-3
IC 14-27-6
IC 14-33-21
IC 16-22-5
IC 16-22-8
IC 36-8-8-14.2
IC 36-8-14
IC 36-9-4
IC 36-9-14
IC 36-9-14.5
IC 36-9-15
IC 36-9-15.5
IC 36-9-16
IC 36-9-17
IC 36-9-26
IC 36-9-27
IC 36-10-3
IC 36-10-4
IC 36-10-7.5
(b) If a proposal described in subsection (a) is not submitted to the department of local government finance before August 2 of a year, for years before 2018, and before May 1 of a year, for years after 2017, the political subdivision may not levy a tax for the cumulative fund or sinking fund in the ensuing year.
As added by P.L.41-1993, SEC.17. Amended by P.L.2-1995, SEC.23; P.L.1-1995, SEC.45; P.L.90-2002, SEC.158; P.L.184-2016, SEC.12; P.L.159-2020, SEC.25.

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Structure Indiana Code

Indiana Code

Title 6. Taxation

Article 1.1. Property Taxes

Chapter 17. Procedures for Fixing and Reviewing Budgets, Tax Rates, and Tax Levies

6-1.1-17-0.3. "Nonconforming"; Application

6-1.1-17-0.5. Exclusion by County Auditor of Certain Assessed Value on Tax Duplicate; County Auditor Reduction of Assessed Value Used to Set Tax Rates; Limitation on Reduction; Reduction May Not Be Offered as Evidence in Appeal

6-1.1-17-0.7. Estimates of Debt Service; Property Tax Rates and Revenue; Report of Annexations

6-1.1-17-1. County Auditor Certified Statement; Amendment of Statement; Submission of Parcel Level Data

6-1.1-17-2. Budget Estimates

6-1.1-17-3. Formulation of Local Budgets, Tax Rates, and Levies; Public Notice; Availability on Computer Gateway; Solid Waste Management Districts; Township Trustee Estimate of Cost of Township Assistance

6-1.1-17-3.5. Repealed

6-1.1-17-3.6. County Fiscal Body Review of Levy Limits and Tax Reductions From Credits; Meeting by County Fiscal Body; Recommendations

6-1.1-17-3.7. Repealed

6-1.1-17-4. Repealed

6-1.1-17-5. Time for Meetings; Objections; Required Information; Carryover; Information on Adopting Document

6-1.1-17-5.1. Repealed

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

6-1.1-17-6. Repealed

6-1.1-17-7. Multiple County Political Subdivision; Filing Budget, Tax Levy, and Tax Rate

6-1.1-17-8. Repealed

6-1.1-17-8.5. Review by Department if Assessed Value Reduced; Appeal

6-1.1-17-9. Repealed

6-1.1-17-10. Repealed

6-1.1-17-11. Repealed

6-1.1-17-12. Repealed

6-1.1-17-13. Repealed

6-1.1-17-14. Repealed

6-1.1-17-15. Repealed

6-1.1-17-16. Department of Local Government Finance Certification of Tax Rates, Tax Levies, and Budgets; Public Hearing Requests; Deadline for Completion; Limitations on Levy for Lease Payments; Judicial Review of Department Action

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

6-1.1-17-16.5. Cumulative Building or Sinking Fund Proposal; Action by Department of Local Government Finance

6-1.1-17-16.7. Proposals to Establish Cumulative Funds or Sinking Funds; Submission to Department of Local Government Finance

6-1.1-17-17. Increase in Tax Rate and Levy by Department of Local Government Finance

6-1.1-17-18. Repealed

6-1.1-17-19. Conflicting Provisions

6-1.1-17-20. Review of Proposed Budget and Levy of Taxing Unit (Other Than Public Libraries) Without an Elected Governing Body by City, Town, or County Fiscal Body

6-1.1-17-20.3. Review of Proposed Budget and Levy of Public Libraries Without an Elected Governing Body by City, Town, or County Fiscal Body

6-1.1-17-20.4. Review of Proposed Budget and Levy of Public Libraries With Excessive Cash Balance of Funds Derived From Tax Revenue

6-1.1-17-20.5. Circumstances Under Which a Taxing Unit's Proposed Bonds or Lease Must Be Reviewed by the City, Town, or County Fiscal Body

6-1.1-17-20.6. Reporting the City, Town, or County Fiscal Body That Receives a Public Library's Proposed Budget to the Indiana State Library; Declaratory Judgment

6-1.1-17-21. Powers and Duties of City Controller in Consolidated City

6-1.1-17-22. Operating Balance in Debt Service Fund