Sec. 4. As used in this chapter, "ADA ratio" means, as to any qualified school corporation, the quotient resulting from a division of that qualified school corporation's current ADA by that qualified school corporation's ADA for the school year ending in 1973. However, in any case in which the quotient is less than one (1), the ADA ratio for the qualified school corporation is one (1). If territory is transferred from one (1) school corporation to another after April 4, 1973, under IC 20-4-4 (before its repeal), IC 20-3-14 (before its repeal), IC 20-23-5, or IC 20-25-5, ADA ratio shall be interpreted as though the pupils in the territory had been transferred in the school year ending in 1973.
[Pre-2006 Recodification Citations: 6-1.1-19-1(d); 6-1.1-19-6(c)(1) part.]
As added by P.L.2-2006, SEC.168.
Structure Indiana Code
Article 45. General Fund Levies
Chapter 7. Supplemental County Levy; Lake County
20-45-7-5. "Assessed Valuation"
20-45-7-13. "Qualified County"
20-45-7-14. "Qualified School Corporation"
20-45-7-16. Duty; Levy of Countywide Tax
20-45-7-17. Adoption Procedure
20-45-7-18. Calculation; Tax Rate
20-45-7-19. Certification; Information Needed to Set Tax Rate
20-45-7-20. County Auditor Certification; Tax Rate
20-45-7-21. Tax Subject to Maximum County Levy Limit
20-45-7-23. Treasurer; Deposits; County School Distribution Fund
20-45-7-24. Effect of Distribution of Excise Taxes
20-45-7-25. Distribution of Tax Collections to School Corporations
20-45-7-26. Calculation; School Corporation's Distribution
20-45-7-27. Correction of Errors
20-45-7-28. Distribution by Warrant; Schedule