There is hereby established a Rainy Day Fund, pursuant to I.C. 36-1-8-5.1, to receive transfers of unused and unencumbered funds raised by a general or special tax levy on taxable property within the town whenever the purpose of such tax levy has been fulfilled and an unused and unencumbered balance remains.
(1995 Code, § 33.40) (Ord. 3-2004, passed 8-19-2004)