Indiana Code Title 36. Local Government § 36-9-4-27

Sec. 27. (a) The board of directors of a public transportation corporation shall appoint a qualified person to serve as controller.  The controller is the chief fiscal officer of the corporation, and the controller must give bond in the sum and with the conditions prescribed by the board and with surety to the approval of the board.

(b) All money payable to the public transportation corporation shall be paid to the controller, and the controller shall deposit it under IC 5-13-6.  The controller shall deposit this money in the depositories and in the accounts that the board designates by ordinance.

(c) The controller shall keep an accurate account of all appropriations made and all taxes levied by the public transportation corporation, all money owing or due to the corporation, and all money received and disbursed by the corporation, and the controller shall preserve all vouchers for payments and disbursements.

(d) The controller shall issue all warrants for the payment of money from the funds of the public transportation corporation, but the controller may not issue a warrant for the payment of a claim until the claim has been allowed in accordance with the procedure prescribed by the rules of the board.  All warrants must be countersigned by the chair of the board.

(e) If the controller is called upon to issue a warrant, the controller may require evidence that the amount claimed is justly due, and for that purpose the controller may summon before the controller any officer, agent, or employee of the public transportation corporation and examine the officer, agent, or employee on oath or affirmation relating to the warrant.  The controller may administer the oath or affirmation.

(f) Notwithstanding subsections (d) and (e), the board may authorize the controller to pay a per diem in advance to a public transportation employee or board member who will attend a training session or other special business meeting required as a duty of the public transportation employee or board member.

(g) Each year, and more often if required by the board, the controller shall submit the controller's records of account as controller for audit to the certified public accountant or firm of certified public accountants designated by the board.  The certified public accountant or firm of certified public accountants shall submit to the board a certified report of the records of account, exhibiting the revenues, receipts, and disbursements, the sources from which the revenues and funds are derived, and the manner in which they have been disbursed.