Sec. 1. Except as provided in section 2 of this chapter, the board of commissioners and the county treasurer in each county together constitute the county board of finance. The board has supervision of the revocation of public depositories for all public funds of the county. As added by P.L.19-1987, SEC.9. Amended by P.L.46-1991, SEC.1; […]
Sec. 2. (a) In a county having a consolidated city, the county board of finance is composed of: (1) the county treasurer; (2) the county auditor; (3) the county assessor; (4) the mayor of the consolidated city; (5) the controller of the consolidated city; and (6) the president of the board of school commissioners of […]
Sec. 3. The members of a county board of finance serve without compensation other than the members’ salaries as officers of the members’ respective political subdivisions. As added by P.L.19-1987, SEC.9.
As added by P.L.19-1987, SEC.9. Amended by P.L.8-1989, SEC.21. Repealed by P.L.10-1997, SEC.37.
Sec. 5. (a) The fiscal body of each political subdivision not governed by sections 1 through 3 of this chapter constitutes a board of finance for that political subdivision. (b) Each board of finance has supervision of the revocation of public depositories for the respective political subdivisions for which they act. (c) The members of […]
Sec. 6. (a) Each local board of finance shall meet annually after the first Monday and on or before the last day of January. At the annual meeting the board of finance shall do the following: (1) Elect from the board’s membership: (A) a president; and (B) a secretary. The officers elected hold office until […]
Sec. 7. (a) During the annual meeting required by section 6 of this chapter, the investment officer shall make a written report to the investing officer’s local board of finance summarizing the political subdivision’s investments during the previous calendar year. The report must contain the name of each financial institution, government agency or instrumentality, or […]
Sec. 8. (a) During the annual meeting required by section 6 of this chapter, the superintendent of a school corporation shall submit a written report to the local board of finance for the school corporation. The report must assess the financial condition of the school corporation using the fiscal and qualitative indicators determined under IC […]
