CHAPTER 15. CUMULATIVE BUILDING FUND, SINKING FUND, AND DEBT SERVICE FUND FOR CERTAIN LAW ENFORCEMENT PURPOSES
IC 36-9-15
Chapter 15. Cumulative Building Fund, Sinking Fund, and DebtService Fund for Certain Law Enforcement Purposes
IC 36-9-15-1
Application of chapter
Sec. 1. This chapter applies to all counties.
As added by Acts 1981, P.L.309, SEC.88.
IC 36-9-15-2
Authorization of funds and tax levies
Sec. 2. (a) A county fiscal body may establish cumulative buildingfunds under IC 6-1.1-41 or sinking funds in the same manner ascumulative funds are established under IC 6-1.1-41 for the:
(1) construction, repair, remodeling, enlarging, and equipmentof:
(A) a county jail; or
(B) a juvenile detention center to be operated underIC 31-31-9; or
(2) in a county having a consolidated city, purchase, lease, orpayment of all or part of the purchase price of motor vehiclesfor use of the sheriff's department.
(b) The county fiscal body may levy taxes to provide money for:
(1) cumulative building funds established under this chapter incompliance with IC 6-1.1-41; or
(2) sinking funds established under this chapter in the samemanner a tax is levied for a cumulative fund under IC 6-1.1-41.
(c) IC 6-1.1-41 applies to a sinking fund under this chapter to thesame extent as if the sinking fund was a cumulative fund.
As added by Acts 1981, P.L.309, SEC.88. Amended by P.L.82-1985,SEC.5; P.L.17-1995, SEC.31; P.L.1-1997, SEC.156.
IC 36-9-15-3
Repealed
(Repealed by P.L.17-1995, SEC.45.)
IC 36-9-15-4
Repealed
(Repealed by P.L.17-1995, SEC.45.)
IC 36-9-15-5
Repealed
(Repealed by P.L.17-1995, SEC.45.)
IC 36-9-15-6
Repealed
(Repealed by P.L.17-1995, SEC.45.)
IC 36-9-15-7
Repealed (Repealed by P.L.17-1995, SEC.45.)
IC 36-9-15-8
Repealed
(Repealed by P.L.17-1995, SEC.45.)
IC 36-9-15-9
Repealed
(Repealed by P.L.17-1995, SEC.45.)
IC 36-9-15-10
Debt service fund; creation; purposes; tax levy
Sec. 10. (a) The county fiscal body may establish a debt servicefund for the payment of:
(1) a debt or other obligation arising out of money borrowed oradvanced for a jail that it purchases from the proceeds of a bondissue for capital construction under IC 36-2-6-18; or
(2) a lease to provide capital construction under IC 36-1-10.
(b) The county fiscal body shall levy a tax each year in an amountsufficient to pay all debt service obligations for jails for that year.IC 6-1.1-18.5-8 applies to such a tax levy.
As added by Acts 1981, P.L.309, SEC.88. Amended by P.L.73-1983,SEC.21.