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Indiana Code Title 8. Utilities and Transportation § 8-1.5-5-9

Current as of January 02, 2024 | Updated by FindLaw Staff

Sec. 9. (a) In fixing the revenues of the department required for operation and maintenance, the board shall consider the cost of the operation and maintenance of the department.

(b) If a surplus is accumulated in the operating and maintenance account, the board may transfer any excess over that surplus to:

(1) the depreciation account, to be used for any improvements, extensions, or additions to the storm water system; or

(2) the bond and interest redemption account.

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Cite this article: FindLaw.com - Indiana Code Title 8. Utilities and Transportation § 8-1.5-5-9 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-8-utilities-and-transportation/in-code-sect-8-1-5-5-9/

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