36-6-9-1. Applicability of Chapter

Sec. 1. This chapter applies to the preparation of a budget for a township for a year after December 31, 2019. As added by P.L.129-2019, SEC.4.

36-6-9-10. Amending a Plan

Sec. 10. A township trustee, with the approval of the township legislative body, may amend a plan to: (1) provide money for the purposes of a capital improvement fund; or (2) supplement money accumulated in a capital improvement fund for the purposes of the capital improvement fund. As added by P.L.129-2019, SEC.4.

36-6-9-11. County Fiscal Body Consideration of Plan in Reviewing Township Budget

Sec. 11. A plan shall be considered by the county fiscal body in reviewing the township budget under IC 6-1.1-17-3.6. As added by P.L.129-2019, SEC.4.

36-6-9-2. “Capital Improvement”

Sec. 2. As used in this chapter, “capital improvement” means: (1) acquisition of land; (2) site improvements; (3) infrastructure improvements; (4) construction of buildings or structures; (5) rehabilitation, renovation, or enlargement of buildings or structures; or (6) acquisition or improvement of machinery, equipment, furnishings, or facilities. As added by P.L.129-2019, SEC.4.

36-6-9-3. “Capital Improvement Fund”

Sec. 3. As used in this chapter, “capital improvement fund” means a township fund, the money in which may be used for the payment of capital improvements. The term includes: (1) the general fund; (2) the fire protection and emergency services fund under IC 36-8-13; (3) a cumulative firefighting building and equipment fund under IC […]

36-6-9-4. “Plan”

Sec. 4. As used in this chapter, “plan” refers to a township capital improvement plan adopted or amended under this chapter. As added by P.L.129-2019, SEC.4.

36-6-9-5. Townships Required to Adopt Plan

Sec. 5. This chapter applies to a township if the total amount of funds in a township’s capital improvement funds exceeds: (1) one hundred fifty percent (150%) of the township’s total annual budget estimate prepared under IC 6-1.1-17-2 for the ensuing year; and (2) two hundred thousand dollars ($200,000). As added by P.L.129-2019, SEC.4.

36-6-9-6. Procedure for Plan Adoption

Sec. 6. A township must adopt a capital improvement plan that meets the requirements of this chapter. The township trustee shall prepare the plan, and the township board shall hold a public hearing on a proposed or amended plan, before the township board adopts the plan. As added by P.L.129-2019, SEC.4.

36-6-9-7. Deadline for Plan Adoption

Sec. 7. A township that meets the requirements of section 5 of this chapter must: (1) adopt a capital improvement plan not later than September 30, 2020; and (2) submit a copy of the adopted capital improvement plan to the department of local government finance in the manner prescribed by the department. As added by […]

36-6-9-8. Failure to Adopt a Plan

Sec. 8. A township may not collect property taxes in the ensuing year for a capital improvement fund described in section 3(3) through 3(8) of this chapter, unless the township has adopted a plan that meets the requirements of this chapter. As added by P.L.129-2019, SEC.4.

36-6-9-9. Plan Requirements

Sec. 9. (a) The department of local government finance shall prescribe the format of a plan not later than September 1, 2019. (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 […]