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Indiana Code — Title 6 (Taxation)

IC 6-9-34-5

City ticket tax fund; deposits of tax; uses

Official textiga.in.govlast amended

Sec. 5. (a) If a tax is imposed under this chapter, the city fiscal body shall establish a city ticket tax fund. The city fiscal officer shall deposit money received under section 4 of this chapter in the city ticket tax fund.

(b) Money earned from the investment of money in the fund becomes a part of the fund.

(c) Money in the fund may be used by the city only for the following:

# (1)

Costs to construct, reconstruct, or improve public thoroughfares or highways to improve ingress or egress to and from the facility.

# (2)

Payment of principal and interest on bonds issued, or lease rentals on leases entered into, by the city to finance the construction, reconstruction, or improvement of public thoroughfares or highways under subdivision (1). Costs payable under this subdivision include costs of capitalized interest and legal, accounting, and other costs incurred in the issuance of any bonds or the entering into of any leases.

# (3)

Payment of any access or connection fee imposed on the facility for access to the city's public sewer system, as long as the fee applies to all property owners served and is uniformly assessed within the city's corporate boundaries.
As added by P.L.254-2003, SEC.13.

Amendment history

As added by P.L.254-2003, SEC.13.

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Nearby sections (25 sections)
  1. 6-9-33-5 · Rate of tax
  2. 6-9-33-6 · Collection of tax; returns
  3. 6-9-33-7 · Payment of receipts to county treasurer
  4. 6-9-33-7.5 · Auditor's determination; percentage of food and beverage…
  5. 6-9-33-8 · Supplemental coliseum improvement fund; food and beverage
  6. 6-9-33-9 · Payment of obligations
  7. 6-9-33-10 · Repealed
  8. 6-9-33-11 · Coliseum operations; annual report
  9. 6-9-34-1 · Ordinance imposing tax; exemptions
  10. 6-9-34-2 · Admission tax rate
  11. 6-9-34-3 · Tax liability; duty to collect tax
  12. 6-9-34-4 · Remitting tax to city
  13. 6-9-34-5 · City ticket tax fund; deposits of tax; uses
  14. 6-9-34-6 · Agreement to facilitate administration
  15. 6-9-34-7 · Covenant of general assembly; impairment of bonds
  16. 6-9-35-1 · Application of chapter
  17. 6-9-35-2 · Application of definitions
  18. 6-9-35-3 · "Authority"
  19. 6-9-35-4 · "Capital improvement board"
  20. 6-9-35-5 · Imposition; deadline; rate; conditions; ordinance
  21. 6-9-35-6 · Transmission of ordinance to state
  22. 6-9-35-7 · Application to transactions
  23. 6-9-35-8 · Transactions taxed
  24. 6-9-35-9 · Transactions taxed
  25. 6-9-35-10 · Transactions exempt
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