Indiana § 36-12-12-9 - Amending plan; emergencies; increasing tax rate and borrowing funds
Full text of Indiana Indiana Code § 36-12-12-9 — Amending plan; emergencies; increasing tax rate and borrowing funds, with citation guidance and answers to common questions.
§ 36-12-12-9. Amending plan; emergencies; increasing tax rate and borrowing funds
Sec. 9. (a) A library board may amend an adopted and approved plan to:
(1) provide money for the purposes described in section 2(b)(4) of this chapter; or
(2) supplement money accumulated in the capital projects fund for those purposes.
(b) If an emergency arises that results in costs that exceed the amount accumulated in the fund for the purposes described in section 2(b)(4) of this chapter, the library board must immediately apply to the department of local government finance for a determination that an emergency exists. If the department of local government finance determines that an emergency exists, the library board may adopt a resolution to amend the plan. The amendment is not subject to the deadline and the procedures for adoption described in section 3 of this chapter. However, the amendment is subject to modification by the department of local government finance.
(c) An amendment adopted under this section may require the payment of eligible emergency costs from:
(1) money accumulated in the capital projects fund for other purposes; or
(2) money to be borrowed from other funds of the library board or from a financial institution.
The amendment may also provide for an increase in the property tax rate for the capital projects fund to restore money to the fund or to pay principal and interest on a loan. However, before the property tax rate for the fund may be increased, the library board must submit and obtain the approval of the appropriate fiscal body or bodies, as provided in section 4 of this chapter. An increase to the property tax rate for the capital projects fund is effective for property taxes first due and payable for the year next certified by the department of local government finance under IC 6-1.1-17-16. However, the property tax rate may not exceed the maximum rate established under section 10 of this chapter.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-14-13-11.]
As added by P.L.1-2005, SEC.49.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 36-12-12-9
What does Indiana Code § 36-12-12-9 cover?
Section 36-12-12-9 ("Amending plan; emergencies; increasing tax rate and borrowing funds") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 36-12-12-9?
A common citation format is "Indiana Code § 36-12-12-9" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 36-12-12-9 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.