(A) The Lake County Council now establishes the Local Service Filing Fee for Annual Certification of Exempt Property Pursuant to I.C. 6-1.1-3-7.3 Fund, a non-reverting fund, established for the deposit of funds collected pursuant to I.C. 6-1. 1-3-7.3. The funds shall be located in the same manner and proportion and at the same time as property taxes are allocated to each taxing unit in the county and may be used by a taxing unit for any lawful purpose of the taxing unit.
(B) Appropriations from the Fund shall be subject to approval by the Lake County Council, or as otherwise provided by law.
(C) Any money remaining in the Fund at the end of the year shall not revert to the General Fund but continue in the Local Service Filing Fee for Annual Certification of Exempt Property Pursuant to I.C. 6-1.1-3-7.3 Fund, subject to appropriation by the Lake County Council, or as otherwise provided by law.
(Ord. 1388A, passed 9-8-2015)
Editor’s note:
I.C. 6-1.1-3-7.3 was repealed by P.L. 273-2019, Sec. 3