Sec. 8. (a) During the annual meeting required by section 6 of this chapter, the superintendent of a school corporation shall submit a written report to the local board of finance for the school corporation. The report must assess the financial condition of the school corporation using the fiscal and qualitative indicators determined under IC 20-19-7-4 by the fiscal and qualitative indicators committee.
(b) The local board of finance shall review the report made under subsection (a).
(c) The superintendent of a school corporation may delegate the duty to submit a report under subsection (a) to an employee or representative of the school corporation.
As added by P.L.101-2019, SEC.2.
Structure Indiana Code
Title 5. State and Local Administration
Article 13. Investment of Public Funds
Chapter 7. Local Boards of Finance
5-13-7-1. County Board of Finance; Membership; Duties
5-13-7-2. County Having Consolidated City; Composition; Duties; Secretary
5-13-7-3. County Board of Finance; Compensation
5-13-7-5. Boards of Finance of Other Political Subdivisions; Duties; Compensation
5-13-7-6. Meetings; Election of Officers; Term; Quorum; Open Meetings; Nature of Board
5-13-7-8. School Corporation Financial Condition Report; Review of Report