Sec. 9. (a) The department of local government finance shall prescribe the format of a plan not later than September 1, 2019. (b) A plan must: (1) apply to at least the three (3) years immediately following the year the plan is adopted; (2) estimate for each year to which the plan applies the nature and amount of proposed expenditures from each of the township's capital improvement funds; and (3) estimate: (A) the source of all revenue to be dedicated to the proposed expenditures in each of the three (3) calendar years; and (B) the amount of property taxes to be collected in each of the three (3) calendar years and retained in the capital improvement funds for expenditures proposed for a later year.
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