Uses of revenue

Official textiga.in.govlast amended 2023

Sec. 9. Money in the food and beverage tax receipts fund must be used by the city only for the following purposes:

# (1)

Park and recreation purposes, including the purchase of land for park and recreation purposes.

# (2)

The pledge of money under IC 5-1-14-4 for bonds, leases, or other obligations incurred for a purpose described in subdivision (1).
Revenue derived from the imposition of a tax under this chapter may be treated by the city as additional revenue for the purpose of fixing its budget for the budget year during which the revenues are to be distributed to the city.
As added by P.L.236-2023, SEC.118.

Amendment history

As added by P.L.236-2023, SEC.118.

Source: view the official text

Nearby sections (25 sections)

6-9-53-9 · Grouseland Foundation
6-9-53-10 · Handling of tax revenue
6-9-53-11 · Crime; commission; improper transfer
6-9-53-12 · Crime; Grouseland Foundation; improper transfer
6-9-54-1 · Application of chapter
6-9-54-2 · Definitions
6-9-54-3 · Ordinance imposing tax; public hearing
6-9-54-4 · Taxable transactions; exemption
6-9-54-5 · Rate of tax
6-9-54-6 · Collection of tax; returns
6-9-54-7 · Payment of tax to city fiscal officer
6-9-54-8 · City food and beverage tax receipts fund
6-9-54-9 · Uses of revenue
6-9-54-10 · Covenant
6-9-54-11 · Expiration
6-9-54.5-1 · Application of chapter
6-9-54.5-2 · Definitions
6-9-54.5-3 · Authorization to impose tax
6-9-54.5-4 · Taxable transactions; exemption
6-9-54.5-5 · Rate
6-9-54.5-6 · Applicability of state gross retail tax provisions
6-9-54.5-7 · Distribution
6-9-54.5-8 · Food and beverage tax receipts fund
6-9-54.5-9 · Uses of revenue
6-9-54.5-10 · Covenant

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