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§ 36-9-16-5-3 — Indiana Law | CourtGPT
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  2. Laws/
  3. Indiana/
  4. Title 36 - Local Government/
  5. Article 9 - Transportation and Public Works/
  6. Chapter 16.5 - Municipal Cumulative Street Fund36-9-16.5-1. Application of Chapter/
  7. § 36-9-16-5-3
Indiana Legal Code

§ 36-9-16-5-3

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(a) Revenues which may be deposited to the cumulative street fund include:(1) all or part of the revenues from any property tax levy dedicated for road and street purposes;(2) all or part of the municipality's federal revenue sharing funds; or(3) other sources by resolution of the municipal legislative body.(b) Appropriations may be made from the cumulative street fund for the purpose authorized under section 2.(c) Monies in the cumulative street fund do not revert to the general fund at the end of any fiscal year.As added by Acts 1981, P.L.307, SEC.2.