"Public funds"
Ind. Code § 5-22-2-23
in effectSec. 23. (a) "Public funds" means money:
(1) derived from the revenue sources of the governmental body; and
(2) deposited into the general or a special fund of the governmental body.
(b) The term does not include either of the following:
(1) Money received by a person under an authorized public-private agreement under IC 5-23.
(2) Proceeds of bonds payable exclusively by, or used by, a private entity.
As added by P.L.49-1997, SEC.1. Amended by P.L.255-2017, SEC.2; P.L.156-2024, SEC.3.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/5Fetched: 10/17/2026