State Codes and Statutes
Statutes > Indiana > Title36 > Ar1 > Ch19IC 36-1-19
Chapter 19. Knox County Tax Levy for Vincennes University
IC 36-1-19-1
Levy by county council
Sec. 1. The county council of Knox County may fix and establish
annually the rate of a special tax levy to be imposed on the taxable
property of Knox County, for the support of Vincennes University.
This levy may not exceed in any year, three cents ($0.03) on each
one hundred dollars ($100) of the taxable property in Knox County.
All revenue accruing from any tax levy imposed under this section
shall be paid:
(1) into the county treasury as a separate and distinct fund; and
(2) to the proper fiduciary officer of Vincennes University on
warrant of the county auditor.
As added by P.L.2-2007, SEC.382.
IC 36-1-19-2
Payment by county; payment by state
Sec. 2. At the time the county auditor of Knox County makes the
county auditor's regular semiannual settlement with the proper
fiduciary officer of Vincennes University for the proceeds of the
special tax levy that may be then due Vincennes University under
this chapter, the county auditor shall also forward to the auditor of
state a certificate showing:
(1) the total valuation of the taxable property of Knox County;
(2) the special tax rate established by the county council for the
support of Vincennes University for the current year; and
(3) the total amount paid on behalf of Knox County as public
aid to Vincennes University at the semiannual settlement.
Semiannually upon receipt of the certificate, the auditor of state shall
promptly draw and forward to Vincennes University a warrant on the
treasurer of state in double the amount shown by the certificate of the
Knox County auditor to have been paid as public aid to Vincennes
University at the semiannual settlement. The warrant must be
charged to and paid out of the state general fund.
As added by P.L.2-2007, SEC.382.
