Budgets and levies of appointed bodies. Requires an elected fiscal body to review and approve the proposed budget and tax levy of an appointed governing body of a taxing unit, including school corporations and public library districts, upon a petition by real property owners. Permits review of a proposed budget and tax levy that is less than 5% greater than the prior year's levy. Permits the reduction of a proposed tax levy to an amount that is less than the maximum permissible levy.
