Ind. Code § 36-9-27-73 – General drain improvement fund; establishment; composition; appropriations; disposition of surplus money

(a) There is established in each county a general drain improvement fund, which shall be used to pay the cost of:
1. (1) constructing or reconstructing a regulated drain under this chapter; and
2. (2) removing obstructions from drains under IC 36-9-27.4 .
  In addition, if a maintenance fund has not been established for a drain, or if a maintenance fund has been established and it is insufficient, the general drain improvement fund shall be used to pay the deficiency.
(b) The general drain improvement fund consists of:
1. (1) all money in any ditch or drainage fund that was not otherwise allocated by January 1, 1966, which money the county treasurer shall transfer to the general drain improvement fund by January 1, 1985;
2. (2) proceeds from the sale of bonds issued to pay the costs of constructing or reconstructing a drain;
3. (3) costs collected from petitioners in a drainage proceeding;
4. (4) appropriations made from the general fund of the county, or taxes levied by the county fiscal body for drainage purposes;
5. (5) money received from assessments upon land benefited for construction or reconstruction of a regulated drain;
6. (6) interest and penalties received on collection of delinquent drain assessments and interest received for deferred payment of drain assessments; and
7. (7) money repaid to the general drain improvement fund out of a maintenance fund.
(c) The county fiscal body, at the request of the board and on estimates prepared by the board, shall from time to time appropriate enough money for transfer to the general drain improvement fund to maintain the fund at a level sufficient to meet the costs and expenditures to be charged against it, after allowing credit to the fund for assessments paid into it.
(d) There is no limit to the amount that the county fiscal body may appropriate and levy for the use of the general drain improvement fund in any one (1) year. However, the aggregate amount appropriated and levied for the use of the fund may not exceed the equivalent of fifty cents ($.50) on each one hundred dollars ($100) of net taxable valuation on the real and personal property in the county.
(e) Whenever:
1. (1) the board finds that the amount of money in the general drain improvement fund exceeds the amount necessary to meet the expenses likely to be paid from the fund; and
2. (2) the money was raised by taxation under this section;
  the board shall issue an order specifying the excess amount and directing that it shall be transferred to the general fund of the county. The board shall serve the order on the county auditor, who shall transfer the excess amount to the general fund of the county.
  [Pre-Local Government Recodification Citation: 19-4-7-1 part.]
  As added by Acts 1981, P.L.309, SEC.101. Amended by P.L.371-1983, SEC.1; P.L.206-1984, SEC.6; P.L.239-1996, SEC.2; P.L.240-1996, SEC.1; P.L.2-1997, SEC.87; P.L.255-2017, SEC.53.