Maintenance account; surplus

Ind. Code § 8-1.5-5-9
in effect
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Sec. 9. (a) In fixing the revenues of the department required for operation and maintenance, the board shall consider the cost of the operation and maintenance of the department. (b) If a surplus is accumulated in the operating and maintenance account, the board may transfer any excess over that surplus to: (1) the depreciation account, to be used for any improvements, extensions, or additions to the storm water system; or (2) the bond and interest redemption account. As added by P.L.125-1987, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/8Fetched: 10/17/2026

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