Indiana § 6-9-1-7 - Proposed budget; approval

§ 6-9-1-7. Proposed budget; approval

Sec. 7. The board of managers shall prepare a proposed budget for each calendar year covering its projected operating expenses, its estimated income, and reasonable reserves. At the same time, the board shall prepare a report on the cost effectiveness of expenditures for operating subsidies and promotion programs and submit the report with the proposed budget. The board of managers shall submit its proposed budget to the county council. The county council shall review the board's proposed budget, and the county council shall either approve, increase, or decrease the board's proposed budget. However, the county council may not increase or decrease the board's proposed budget unless two-thirds (2/3) of the members of the county council vote in favor of the increase or decrease. The board's proposed budget as approved, increased, or decreased by the county council is the board's budget for the calendar year. The board of managers may not make an expenditure which is not provided for in the budget as approved, increased, or decreased by the county council, unless the additional expenditure is approved by the county council.

As added by Acts 1977, P.L.91, SEC.2. Amended by P.L.49-1994, SEC.3.

IC 6-9-2Chapter 2. Lake County Innkeeper's Tax

6-9-2-0.3Repealed 6-9-2-0.4"Authority" 6-9-2-0.5"Board" 6-9-2-0.6"Project costs" 6-9-2-1Tax on lodgings; rate; returns; disposition of revenue 6-9-2-1.5Tax rate increase; revenue attributable to increase; northwest Indiana stadium board 6-9-2-2Allocation of revenue 6-9-2-3Convention and visitor bureau; creation; membership; terms; removal of member; organization 6-9-2-4Powers of bureau 6-9-2-4.3Convention, tourism, and visitor promotion alternate revenue fund 6-9-2-4.5Visitor center funding; allocation from promotion fund and alternate revenue fund 6-9-2-4.7Issuance of bonds; negotiation and sale; leases 6-9-2-4.9State covenant on bond payments 6-9-2-5Violations 6-9-2-5.5Public purpose of visitor center 6-9-2-6Repealed 6-9-2-7Repealed 6-9-2-8Repealed 6-9-2-9Annual report regarding disposition of money collected; remedies for failure to provide legislative body with sufficient information; resolution 6-9-2-10Insurance benefits for convention and visitors bureau employees 6-9-2-10.3Legalization of certain actions relating to insurance benefits taken before May 6, 2005 6-9-2-11Bureau treated as a political subdivision for certain purposes