How does a Conservancy District pay for its works of improvement?

Expenses and obligations of the district may be paid from any of the following:

1. The receipt of gifts from any source.
2. The receipt of funds from governmental agencies.
3. The receipt of funds from the sale of services accomplished by the purpose or purposes for which the district was established.
4. The receipt of funds from the collection of assessments from land that receives exceptional benefits from the operation of the district.
5. The collection of assessments for maintenance and operation of works of improvement.

Under the Indiana Conservancy Act, all of the real property included in the district constitutes a taxing district for the purpose of levying special benefit taxes to pay for the expenses of establishing the district, and the expenses of preparing the district plan, putting it into operation by constructing the necessary works, and operating and maintaining the district.  This special tax equals the amount of benefits received and must be based on return for the benefits.