Sec. 5. If a school corporation operates on a twelve (12) month school year program, as approved by the secretary of education, the distribution of state support for the program shall be made under an adjusted formula to be approved by the secretary of education. The adjustment formula shall grant to each school corporation operating an approved twelve (12) month school year an amount of money that must be on the same basis as the distribution for the regular support program, prorated per diem to reflect the extended school term.
[Pre-2006 Recodification Citation: 21-1-1-62.5 part.]
As added by P.L.2-2006, SEC.166. Amended by P.L.43-2021, SEC.130.
Structure Indiana Code
Article 43. State Tuition Support
Chapter 2. Maximum State Distribution
20-43-2-1. Distribution Schedule; Reversions
20-43-2-2. Maximum Distributions; Excessive Distributions
20-43-2-3. Purposes for Distributions
20-43-2-4. Calculation of Reduction Amount
20-43-2-5. Year Round School; Adjusted Distribution
20-43-2-6. Adult Education; Transfer to Fund Obligations
20-43-2-7. Summer School Education; Transfer to Fund Obligations