Loading...
(A) Fund established. The Cumulative Capital Improvement Fund is established.
(B) Purpose. This special fund is created for the purpose of receiving cigarette taxes allocated to the town pursuant to applicable state law, and the funds shall not revert to the General Fund.
(C) Capital improvements. Monies shall be used solely for capital improvements, herein defined as the construction or improvement of any property owned by the town, including but not limited to streets, thoroughfares, and sewers, the retirement of general obligations bonds, and salaries of public officials and employees directly chargeable to a capital improvement.
(1992 Code, § 2-158) (Ord. 275, passed - -)
(A) There is re-established a Cumulative Fire Fund.
(Ord. 857, § 1, passed 6-8-1993)
(B) The Town Council may levy a tax on all taxable property and the revenue from the levy will be retained in the town Cumulative Fire Fund.
(Ord. 857, § 2, passed 6-8-1993)
(C) The tax rate in division (B) above may not exceed $0.10 on each $100 of assessed valuation of property in the taxing district.
(Ord. 857, § 3, passed 6-8-1993)
(D) The funds accumulated in the Cumulative Fire Fund for the town shall be used for those items allowed under I.C. 36-8-14-2.
(Ord. 857, § 4, passed 6-8-1993)
(E) The tax, after approval by the State Board of Tax Commissioners, may be levied annually beginning with the first annual tax levy after approval every year thereafter until rescinded, and must be advertised annually as other tax levies are, beginning with the first annual levy.
(Ord. 857, § 5, passed 6-8-1993)
(F) This section takes effect upon approval by the State Board of Tax Commissioners.
(Ord. 857, § 6, passed 6-8-1993)
(1992 Code, § 2-159)
(A) A cumulative, non-reverting Major Moves Construction Fund is hereby established.
(B) The funds shall be funded by revenues distributed to the town in accordance with I.C. 8-14-14-6(a)(3).
(C) The Clerk-Treasurer shall open an account named the Major Moves Construction Fund for the town.
(D) Funds received by the town as part of the Major Moves Construction Fund distribution shall be used and dedicated by the Town Council pursuant to I.C. 8-14-16-5, including any amendments therein as follows:
(1) Construction of highways, roads, and bridges;
(2) Provide funding for economic development projects as defined in I.C. 6-3.5-7-13.1(c) or I.C. 6-3.5-7-13.1(c)(2)(A) through 6-3.5-7-13.1(c)(2)(K);
(3) Provide matching funds for federal grants for any of these permissible uses of Major Moves Construction Fund money; and
(4) Provide funding for interlocal agreements under I.C. 36-1-7 for any of these permissible uses of Major Moves Construction Fund money.
(Ord. 1159, passed 10-24-2006)
(A) The Police Benefit Fund and the Police Trust Fund shall be closed with fund balances being transferred to the Law Enforcement Continuing Education Fund.
(B) An agreement for the disbursement of pretrial diversion user fees generated through the Infraction Deferral Program administered by the St. Joseph County Prosecutor will be as follows.
(1) The Continuing Education Fund of the Marshal’s Department will receive annually a total of $10 per defendant that was issued a uniform traffic ticket by a member of the Marshal’s Department and is enrolled in the Infraction Deferral Program.
(2) The disbursement will be made in accordance with agreements signed after January 1, 2006.
(1992 Code, § 2-161) (Res. passed 8-14-1990; Am. Res. 06-01-10-01, passed 1-10-2006)
(A) The Community Services Fund shall be established and shall continue perpetually to accept donations for specific community projects or programs presented by the town.
(B) At such time as the Town Council determines that the Community Services Fund is no longer necessary, by majority vote of the Town Council the fund may be terminated and any and all remaining balance deposited in the General Fund.
(1992 Code, § 2-163) (Res. 91-05-31-01, passed 6-11-1991)
(A) The Town Council allows the Cemetery Board to accept donations for the beautification of the cemetery.
(B) The donations received are appropriated by the Cemetery Board for purposes specified by the donor and approved by the Cemetery Board.
(C) A non-reverting cemetery gift fund shall be established and entitled the Non-Reverting Cemetery Fund for the purpose specified in this section.
(1992 Code, § 2-164) (Ord. 818, passed 11-12-1991)
(A) The Town Council allows donations or gifts for improvements approved by the Park Board.
(B) The monetary donations received are appropriated for a specific project approved by the Park Board.
(C) A Park Gift Fund shall be established for the purposes specified in this section and in accordance with I.C. 36-10-3-18.
(1992 Code, § 2-165) (Ord. 817, passed 11-12-1991)
Cross-reference:
Additional park funds, see § 37.11
Loading...