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IC 36-6-9-12 — Annual adoption of plan required

Chapter 9. Township Capital Improvement Plan

1 section change

Bills amending this section

Section text

Sec. 12. (a) Beginning January 1, 2028, a township must adopt a plan on an annual basis. The township must file the plan with the department of local government finance in the form and manner prescribed by the department of local government finance. (b) A plan must include: (1) the balance of all unrestricted funds that exceed the township's budget for the following year; and (2) the purpose for which all unrestricted funds are being retained.

As added by P.L.173-2025, SEC.38. Amended by P.L.156-2026, SEC.31.

Source: official publisher (2026 edition)

Sections citing IC 36-6-9-12