16-23-1-27. Tax levy without anticipated deficiency prohibited

IN Code § 16-23-1-27 (2019) (N/A)
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Sec. 27. If the estimate and budget show no anticipated deficiency for the next calendar year, the city and the county may not levy any tax on the property of the city or county for the ensuing year.

[Pre-1993 Recodification Citation: 16-12.2-5-17(c).]

As added by P.L.2-1993, SEC.6.