- (a) Each county, city, or town that receives a distribution under section 3 of this chapter shall establish a local major moves construction fund.
- (b) The fund consists of money distributed to the county, city, or town from the major moves construction fund under section 3 of this chapter.
- (c) The fiscal officer of the county, city, or town shall administer the fund.
- (d) Subject to subsection (f), the fiscal body of the county, city, or town may appropriate money in the fund for a purpose described in section 5 of this chapter. The appropriations of money in the fund must be included as a part of the annual budget for the calendar year in accordance with IC 6-1.1-17 .
- (e) Money remaining in the fund at the end of a particular calendar year remains in the fund and does not revert to any other fund.
- (f) A county fiscal body must consult with the county executive before making an appropriation under this section.
As added by P.L.47-2006, SEC.7.