Indiana Code
Chapter 7. School Corporation Financial Condition Analysis
20-19-7-3. Fiscal and Qualitative Indicators Committee Is Established; Duties; Members

Sec. 3. (a) The fiscal and qualitative indicators committee is established to make the following determinations:
(1) The determination of the fiscal and qualitative indicators to be used for evaluating the financial condition of each school corporation.
(2) The determination of the information that is to be presented on the DUAB's Internet website or the management performance hub's Internet web site in accordance with section 5(c) of this chapter.
(3) The determination of how frequently to update:
(A) the fiscal and qualitative indicators being used to evaluate the financial condition of school corporations; and
(B) the presentation of information on the DUAB's Internet web site or the management performance hub's Internet web site in accordance with section 5(c) of this chapter.
(b) The members of the committee must be employees of, and appointed by, each of the following:
(1) The DUAB.
(2) The department of education.
(3) The budget agency.
(4) The state board of accounts.
(5) The department of local government finance.
(6) The management performance hub.
In addition, a member of the Indiana Association of School Business Officials appointed by the Association's board of directors is a member of the committee.
(c) The member appointed by the DUAB is the chairperson of the committee.
(d) Members serve at the pleasure of the appointing authority.
As added by P.L.213-2018(ss), SEC.15.

Structure Indiana Code

Indiana Code

Title 20. Education

Article 19. State Administration of Elementary and Secondary Education

Chapter 7. School Corporation Financial Condition Analysis

20-19-7-1. "Duab"

20-19-7-2. "Executive Director"

20-19-7-3. Fiscal and Qualitative Indicators Committee Is Established; Duties; Members

20-19-7-4. Fiscal and Qualitative Indicators; Factors; State Budget Committee Review

20-19-7-5. Fiscal and Qualitative Indicators; Presentation; Required Information; Publication on Internet; State Budget Committee Review

20-19-7-6. Fiscal and Qualitative Indicators; Proposed Indicators; State Budget Committee Review

20-19-7-7. Fiscal and Qualitative Indicators; Publication for Each School Corporation on Internet

20-19-7-8. Duab Policies and Procedures

20-19-7-9. Duab Executive Director Report to the State Budget Committee; Identify School Corporations That Demonstrate Signs of Financial Distress; Corrective Action Plan

20-19-7-10. Duab Executive Director Initial Report to Duab Identifying School Corporations That May Need a Corrective Action Plan; Duab Determinations for Contacting School Corporations for an Assessment

20-19-7-11. Duab Executive Director Duties; Assessment of School Corporations; School Corporation Cooperation; School Corporation Information

20-19-7-12. Duab Determination of Whether a Corrective Action Plan Is Necessary

20-19-7-13. Assistance to School Corporations

20-19-7-14. Corrective Action Plan; Updating the Governing Body Concerning Implementation; Governing Body Meeting in Executive Session

20-19-7-15. Duab Executive Director Meeting With the School Corporation Superintendent, the School Board President, and Other Administrators

20-19-7-16. Corrective Action Plan; Duab Modifications; School Corporation Requested Modifications

20-19-7-17. School Corporation Watch List; Conditions; Notices; State Budget Committee Review

20-19-7-18. School Corporation Watch List; Exception From Public Disclosure Until After State Budget Committee Review; Duab Executive Sessions

20-19-7-19. Fiscal and Qualitative Indicators Committee Duties; Fiscal and Qualitative Indicator Changes; Report to State Budget Committee

20-19-7-20. Duab Duties; Review and Change Policies and Procedures; Report to the State Budget Committee