Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Chapter 1. Funds Established Outside Ic 20-40
20-40-1-1. Purpose - Sec. 1. This article is not intended to be an...
20-40-1-2. "Freeway School" - Sec. 2. As used in this chapter, "freeway school" has...
20-40-1-3. "Freeway School Corporation" - Sec. 3. As used in this chapter, "freeway school corporation"...
20-40-1-4. "Joint Program" - Sec. 4. As used in this chapter, "joint program" has...
20-40-1-5. Listing of Funds Established Outside Ic 20-40 - Sec. 5. Statutes outside this article that permit or require...
20-40-1-6. Repealed - [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.163. Repealed...
Chapter 2. General Fund
20-40-2-0.3. "Education Fund Transfer Target Percentage" - Sec. 0.3. As used in this chapter, "education fund transfer...
20-40-2-0.5. "Excessive Education Fund Transfer List" - Sec. 0.5. As used in this chapter, "excessive education fund...
20-40-2-1. "Fund" - Sec. 1. As used in this chapter, "fund" refers to...
20-40-2-2. Establishment of Education Fund - Sec. 2. The governing body of each school corporation shall...
20-40-2-3. Source of Fund Balances; Required Use of Fund - Sec. 3. Distributions of tuition support shall be received in...
20-40-2-4. Education Fund; Limited to Student Instruction and Learning - Sec. 4. Except as provided in IC 36-1-8-5.1 (school corporation...
20-40-2-5. Payment of Athletic Coaches - Sec. 5. Remuneration for athletic coaches, whether or not the...
20-40-2-6. Transfers From Education Fund to Operations Fund; Transfer Target Percentage; Excessive Education Fund Transfer List - Sec. 6. (a) Each school corporation shall make every reasonable...
20-40-2-7. Transfers to Closeout General Fund - Sec. 7. (a) On January 1, 2019, the balance, as...
20-40-2-8. Technical Assistance for School Corporations on Excessive Education Fund Transfer List - Sec. 8. The Indiana education employment relations board and the...
20-40-2-9. Excessive Education Fund Transfer List Notice; Receipt of Notice - Sec. 9. (a) For each school corporation included on the...
20-40-2-10. Explanatory Documentation; Presentation; Official Recommendation - Sec. 10. (a) After the department completes the school corporation...
Chapter 3. Referendum Tax Levy Fund
20-40-3-1. "Fund" - Sec. 1. As used in this chapter, "fund" refers to...
20-40-3-2. "Levy" - Sec. 2. As used in this chapter, "levy" refers to...
20-40-3-3. Establishment of Fund - Sec. 3. The governing body of each school corporation for...
20-40-3-4. Source of Fund Balances - Sec. 4. Property tax collections from a levy shall be...
20-40-3-5. Uses; Transfers to Education or Operations Fund; Transfer to a Charter School - Sec. 5. (a) Money in the fund may be used...
Chapter 4. Repealed - [Pre-2006 Recodification Citations: Repealed by P.L.182-2009(ss), SEC.466.
Chapter 5. Repealed - [2006 Recodification Citations: Repealed by P.L.88-2018, SEC.2.
Chapter 6. Repealed - [Pre-2006 Recodification Citations: Repealed by P.L.244-2017, SEC.76.
Chapter 7. Repealed - [2006 Recodification Citations: Repealed by P.L.244-2017, SEC.77.
Chapter 8. Repealed - [Pre-2006 Recodification Citations: Repealed by P.L.244-2017, SEC.78.
Chapter 9. Debt Service Fund
20-40-9-1. "Debt Service" - Sec. 1. As used in this chapter, "debt service" includes...
20-40-9-2. "Fund" - Sec. 2. As used in this chapter, "fund" refers to...
20-40-9-3. "Levy" - Sec. 3. As used in this chapter, "levy" refers to...
20-40-9-4. Establishment of Fund - Sec. 4. The governing body of each school corporation shall...
20-40-9-5. Uses; Required Use of Fund - Sec. 5. Except as otherwise provided by law, all expenditures...
20-40-9-6. Uses; Payment of Debt and Lease Expenses - Sec. 6. Money in the debt service fund may be...
20-40-9-7. Use of Money; Curricular Material - Sec. 7. (a) Money in the fund may be used...
20-40-9-8. Uses; Lease Rentals; Prohibition on Lease Payments From the Education Fund - Sec. 8. (a) Lease rental obligations on account of leases...
20-40-9-9. Uses; Community School Corporations - Sec. 9. Money in the fund may be used to...
20-40-9-10. Limitation on Payment of Principal; Emergency and Temporary Loans - Sec. 10. (a) Except as otherwise provided by law, a...
20-40-9-11. Uses; Principal and Interest; State Advance - Sec. 11. An amount equal to deductions made or to...
Chapter 10. Levy Excess Fund
20-40-10-1. "Fund" - Sec. 1. As used in this chapter, "fund" refers to...
20-40-10-2. Establishment of Fund - Sec. 2. Each corporation shall establish a levy excess fund...
20-40-10-3. Investments - Sec. 3. The chief fiscal officer of a school corporation...
Chapter 11. Repealed - [2006 Recodification Citations: Repealed by P.L.244-2017, SEC.84.
Chapter 12. Self-Insurance Fund
20-40-12-1. "Fund" - Sec. 1. As used in this chapter, "fund" refers to...
20-40-12-2. "Health Care Services" - Sec. 2. As used in this chapter, "health care services"...
20-40-12-3. "Self-Insurance Program" - Sec. 3. As used in this chapter, "self-insurance program" means...
20-40-12-4. Establishment of Fund - Sec. 4. The governing body of each school corporation: (1)...
20-40-12-5. Uses - Sec. 5. The fund may be used to provide money...
20-40-12-6. Transfers to Fund - Sec. 6. Subject to the approval of the commissioner of...
20-40-12-7. Balance; Nonreverting - Sec. 7. Any balance remaining in the fund at the...
20-40-12-8. Compliance With Chapter; Self-Insurance Programs - Sec. 8. Subject to IC 20-26-5-4(a)(15) and this chapter and...
20-40-12-9. Appeals - Sec. 9. (a) A self-insurance program must provide for appeals...
20-40-12-10. Incurred Claim Basis - Sec. 10. (a) A self-insurance program must be written on...
Chapter 13. Repealed - [Pre-2006 Recodification Citations: Repealed by P.L.233-2015, SEC.292.
Chapter 14. Special Purpose Funds Without Local Tax
20-40-14-1. Separate Accounting; Gifts; Endowments; Federal Grants and Loans - Sec. 1. (a) Except as provided in this section, money...
20-40-14-2. Disbursement Without Appropriation - Sec. 2. Both: (1) money received for specific purposes, by...
20-40-14-3. Application of Other Laws - Sec. 3. A school corporation shall maintain money received by...
Chapter 15. Repealed - [Pre-2006 Recodification Citations: Repealed by P.L.244-2017, SEC.85.
Chapter 16. Repealed - Repealed by P.L.229-2011, SEC.274.
Chapter 17. Repealed - Repealed by P.L.86-2018, SEC.183.
Chapter 18. School Corporation Operations Fund
20-40-18-1. School Corporation Operations Fund Created - Sec. 1. The governing body of each school corporation shall...
20-40-18-2. Sources of Revenue - Sec. 2. The operations fund shall be used to deposit...
20-40-18-3. Appropriations Required - Sec. 3. Expenditures from the operations fund may be made...
20-40-18-4. Investment of Balances; Transfer to School Rainy Day Fund - Sec. 4. (a) Any balance in the operations fund may...
20-40-18-5. Limitations on Uses - Sec. 5. The operations fund may be used only to...
20-40-18-6. Capital Projects Plan; Make Available on the Department of Local Government Finance's Computer Gateway; Adoption; Amendment; Emergency Uses - Sec. 6. (a) A school corporation's capital projects expenditure plan...
20-40-18-7. Limitations on Expenditures for Capital Projects - Sec. 7. (a) This section sets forth an exclusive list...
20-40-18-8. Transportation of School Children - Sec. 8. (a) A school corporation shall use the operations...
20-40-18-9. School Bus Replacement Plan; Make Available on the Department of Local Government's Computer Gateway; Adoption; Amendment; Hearings - Sec. 9. (a) Before a school corporation may use money...
20-40-18-10. Emergencies Listed - Sec. 10. (a) For purposes of section 7 of this...
20-40-18-11. Transfers to Education Fund - Sec. 11. (a) Only after the transfer is authorized by...
Chapter 19. School Corporation Referendum Controlled Project Tax Levy Fund
20-40-19-1. Fund Created for Voter Approved Projects - Sec. 1. A referendum controlled project tax levy fund shall...
20-40-19-2. Sources of Revenue - Sec. 2. The referendum controlled project tax levy fund shall...
20-40-19-3. Limitations on Uses - Sec. 3. The referendum controlled project tax levy may be...
Chapter 20. School Safety Referendum Tax Levy Fund
20-40-20-1. "Fund" - Sec. 1. As used in this chapter, "fund" refers to...
20-40-20-2. "Levy" - Sec. 2. As used in this chapter, "levy" refers to...
20-40-20-3. "School Resource Officer" - Sec. 3. As used in this chapter, "school resource officer"...
20-40-20-4. Requirement to Establish Fund if Levy Is Approved - Sec. 4. The governing body of each school corporation for...
20-40-20-5. Property Taxes From Levy Deposited in Fund - Sec. 5. Property tax collections from a levy shall be...
20-40-20-6. Uses of Money in the Fund; Distributions to a Charter School - Sec. 6. (a) Subject to subsections (c) and (d), money...
Chapter 21. School Safety Referendum Debt Service Fund
20-40-21-1. "Fund" - Sec. 1. As used in this chapter, "fund" refers to...
20-40-21-2. Requirement to Create a Fund if Levy Is Approved - Sec. 2. A school safety referendum debt service fund must...
20-40-21-3. Transfer of Amounts Into the Fund - Sec. 3. The fund consists of any amounts transferred into...
20-40-21-4. Use of the Money in the Fund for Debt Service - Sec. 4. The fund may be used only to pay...