CH20 20 .10 - Appropriations and Tax Rates

 

ORDINANCE FOR APPROPRIATIONS AND TAX RATES

Be it ordained by the Lapel Civil Town unit, Madison County, Indiana, that for the expenses of Lapel Civil Town for the year ending December 31, 2012 the sum of $948,197, as shown on Budget form 4-A are hereby appropriated and ordered set apart out of the several funds herein named and for the purposes herein specified, subject to the laws governing the same.  Such sums herein appropriated shall be held to include all expenditures authorized to be made during the year, unless otherwise expressly stipulated and provided for by law.  In addition, for the purposes of raising revenue to meet the necessary expense of Lapel Civil Town, a total temporary property tax levy of $483,178 and a total tax rate of 1.0318 as shown of Budget form 4-B are included herein.  Budget form 4-A and 4-B for all funds and departments are incorporated by the signing of this form and must be completed and submitted in the manner prescribed by the DLGF.

Date of adoption October 20, 2011