Sec. 11. If a political subdivision considers it advisable after the levy has been approved, the governing body imposing the levy for the political subdivision may reduce or rescind the annual levy.
As added by P.L.17-1995, SEC.6.
Structure Indiana Code
Chapter 41. Cumulative Fund Tax Levy Procedures
6-1.1-41-1. Application of Chapter
6-1.1-41-2. Authorization of Fund and Tax Levies
6-1.1-41-3. Notice of Proposal; Hearing
6-1.1-41-4. Submission of Proposal to Department of Local Government Finance; Certification
6-1.1-41-6. Objections to Establishment of Fund or Increase in Tax Rate Related to Fund
6-1.1-41-7. Hearing on Objections
6-1.1-41-9. Department of Local Government Finance Action on Proposal; Appeal
6-1.1-41-10. Imposition of Tax Levy to Provide for Fund
6-1.1-41-11. Reduction or Rescission of Annual Levy
6-1.1-41-12. Petition for Reduction or Revision of Fund Levy
6-1.1-41-13. Property Tax Levy
6-1.1-41-14. Earmarking of Levied Tax Funds; Expenditures
6-1.1-41-15. Transfer of Fund Balance; Revision
6-1.1-41-16. Town of Zionsville; Cumulative Fund for Fire Protection and Related Services
6-1.1-41-17. Frankfort Airport Authority; Cumulative Building Fund Levy and Rate