Current through P.L. 171-2024
Section 36-6-9-9 - Plan requirements(a) The department of local government finance shall prescribe the format of a plan not later than September 1, 2019.(b) A plan must: (1) apply to at least the three (3) years immediately following the year the plan is adopted;(2) estimate for each year to which the plan applies the nature and amount of proposed expenditures from each of the township's capital improvement funds; and(3) estimate: (A) the source of all revenue to be dedicated to the proposed expenditures in each of the three (3) calendar years; and(B) the amount of property taxes to be collected in each of the three (3) calendar years and retained in the capital improvement funds for expenditures proposed for a later year.Added by P.L. 129-2019,SEC. 4, eff. 7/1/2019.