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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 7. (a) The definitions in IC 8-14-1 apply throughout this section.
(b) Beginning in calendar year 2024, the following amounts must be used by the consolidated city for the construction, reconstruction, and preservation of the consolidated city's local streets (as defined in IC 8-14-2-1(9)) and alleys:
(1) One hundred percent (100%) of the money distributed to the consolidated city under section 2(2) of this chapter that is attributable to the consolidated city's population in Wayne, Pike, and Decatur townships not included in the population of the fire special service district.
(2) In addition to the money distributed under subdivision (1), an appropriation by the consolidated city in an amount that is the greater of the following:
(A) Eight million dollars ($8,000,000).
(B) The amount distributed to the consolidated city under subdivision (1) for the prior calendar year.
(c) The appropriation required under subsection (b)(2)(B) may not include revenue allocated to public safety purposes under IC 6-3.6-6.
Cite this article: FindLaw.com - Indiana Code Title 36. Local Government § 36-3-7-7 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-36-local-government/in-code-sect-36-3-7-7/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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