Indiana Code
Chapter 18. School Corporation Operations Fund
20-40-18-5. Limitations on Uses

Sec. 5. The operations fund may be used only to do the following:
(1) Carry out a capital projects plan approved under:
(A) IC 20-46-6 (before January 1, 2019); or
(B) section 6 of this chapter (after December 31, 2018) for facility expenditures described in section 7 of this chapter.
(2) Pay transportation costs described in section 8 of this chapter.
(3) Carry out a school bus replacement plan approved under:
(A) IC 20-46-5 (before January 1, 2019); or
(B) section 9 of this chapter (after December 31, 2018).
(4) Pay expenses that are allocated to overhead and operational expenditures or to nonoperational expenditures under IC 20-42.5.
(5) Provide funds to an art association or a historical society as provided in IC 36-10-13.
(6) Establish, maintain, and equip a public playground under IC 36-10-14.
As added by P.L.244-2017, SEC.86.

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