Net operating revenue defined

Ind. Code § 16-22-7-3, under Chapter 7. Hospital Building Authorities in County With Hospital Operated Under IC 16-23-1.

Ind. Code § 16-22-7-3

Sec. 3. As used in this chapter, "net operating revenue" means the revenues of the hospital, exclusive of any property tax levy remaining after provision for reasonable expenses of operation, repair, replacements, and maintenance of the hospital. [Pre-1993 Recodification Citation: 16-12-20.5-1(a)(6).] As added by P.L.2-1993, SEC.5.