(b) A plan must:(1) apply to at least the three (3) years immediately following the year the plan is adopted;(2) estimate for each year to which the plan applies the nature and amount of proposed expenditures from each of the township's capital improvement funds; and(3) estimate:(A) the source of all revenue to be dedicated to the proposed expenditures in each of the three (3) calendar years; and(B) the amount of property taxes to be collected in each of the three (3) calendar years and retained in the capital improvement funds for expenditures proposed for a later year.As added by P.L.129-2019, SEC.4.
Indiana Legal Code