Sec. 5. The initial approved general fund budget (for budgets before January 1, 2019) or the initial approved budget of the education fund (for budgets after December 31, 2018) for each school for a school year must be, as nearly as is reasonable and practicable, proportionate to the total general fund budget (for budgets before January 1, 2019) or the total education fund budget (for budgets after December 31, 2018) for the school city in the same ratio as the school's estimated current ADM for the fall count in the school year compares to the school city's estimated current ADM for the fall count for that school year.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-3.1-9-5.]
As added by P.L.1-2005, SEC.9. Amended by P.L.205-2013, SEC.239; P.L.244-2017, SEC.39.
Structure Indiana Code
Article 25. Indianapolis Public Schools
Chapter 12. School Plans for Improvement
20-25-12-1. Contents of Board's Plan
20-25-12-2. Educators' Plan; Use of Traditional or Innovative Techniques
20-25-12-3. Provision for Parental Involvement
20-25-12-4. Promotion of Student Achievement
20-25-12-5. Education Fund Budgets for Schools
20-25-12-6. Educators' Determination of Needed Educational Resources; Purchases and Acquisitions
20-25-12-7. School Budget Allocations for Noneducational Goods and Services