reglab/statecodes huggingface dataset:
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 13. Repealed

[Pre-2006 Recodification Citations:
20-40-13-1formerly 21-2-5-1(d)20-40-13-2formerly 21-2-5-1(c)20-40-13-3formerly 21-2-5-2 part20-40-13-4formerly 21-2-5-2 part20-40-13-5formerly 21-2-5-3 part20-40-13-6formerly 21-2-5-3 part20-40-13-7formerly 21-2-5-4.]
Repealed by P.L.233-2015, SEC.292.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › 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 received by a school corporation for a specific purpose or purposes, by gift, endowment, or under a federal statute, may be accounted for by establishing separate funds apart from any other school corporation fund.
(b) Subsection (a) does not apply if local tax funds are involved.
(c) Money described in subsection (a) may not be accepted unless the:
(1) terms of the gift, endowment, or payment; and
(2) acceptance of the gift, endowment, or payment;
provide that the officers of the school corporation are not divested of any right or authority that the officers are granted by law.
[Pre-2006 Recodification Citation: 21-2-11-6 part.]
As added by P.L.2-2006, SEC.163. Amended by P.L.238-2019, SEC.13.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 14. Special Purpose Funds Without Local Tax › 20-40-14-2. Disbursement Without Appropriation

Sec. 2. Both:
(1) money received for specific purposes, by gift, endowment, or under a federal statute; and
(2) any earnings on money received for specific purposes, by gift, endowment, or under a federal statute;
may be disbursed without appropriation.
[Pre-2006 Recodification Citation: 21-2-11-6 part.]
As added by P.L.2-2006, SEC.163.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 14. Special Purpose Funds Without Local Tax › 20-40-14-3. Application of Other Laws

Sec. 3. A school corporation shall maintain money received by gift, endowment, or under a federal statute in a special fund as required by law, including IC 20-35-4-7.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.163.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 15. Repealed

[Pre-2006 Recodification Citations:
20-40-15-1formerly 21-2-18-120-40-15-2formerly 21-2-18-220-40-15-3formerly 21-2-11-6.5(a)20-40-15-4formerly 21-2-11-6.5(b)20-40-15-5formerly 21-2-18-320-40-15-6formerly 21-2-18-4.]
Repealed by P.L.244-2017, SEC.85.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 18. School Corporation Operations Fund › 20-40-18-1. School Corporation Operations Fund Created

Note: This version of section effective until 7-1-2024. See also following version of this section, effective 7-1-2024.
Sec. 1. The governing body of each school corporation shall create an operations fund to be used by the school corporation after December 31, 2018.
As added by P.L.244-2017, SEC.86.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 18. School Corporation Operations Fund › 20-40-18-1-b. Operations Fund Created

Note: This version of section effective 7-1-2024. See also preceding version of this section, effective until 7-1-2024.
Sec. 1. (a) The governing body of each school corporation shall create an operations fund to be used by the school corporation after December 31, 2018.
(b) The governing body of each charter school that receives a distribution of revenue received from a tax levy under IC 20-46-8-11.2 shall create an operations fund to be used by the charter school after December 31, 2024.
As added by P.L.244-2017, SEC.86. Amended by P.L.201-2023, SEC.185.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 18. School Corporation Operations Fund › 20-40-18-2. Sources of Revenue

Note: This version of section effective until 7-1-2024. See also following version of this section, effective 7-1-2024.
Sec. 2. The operations fund shall be used to deposit the following after December 31, 2018:
(1) Revenue from the school corporation's operations fund property tax levy under IC 20-46-8.
(2) The sum of the following excise tax revenue received for deposit in the fund in the calendar year in which the school year begins:
(A) Financial institutions excise tax (IC 6-5.5).
(B) Motor vehicle excise taxes (IC 6-6-5).
(C) Commercial vehicle excise taxes (IC 6-6-5.5).
(D) Boat excise tax (IC 6-6-11).
(E) Aircraft license excise tax (IC 6-6-6.5).
(3) Transfers from the education fund (IC 20-40-2) or the operating referendum tax levy fund (IC 20-40-3), if any.
(4) Allocations of local income taxes to the school corporation under IC 6-3.6-6, if any.
As added by P.L.244-2017, SEC.86.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 18. School Corporation Operations Fund › 20-40-18-2-b. Sources of Revenue

Note: This version of section effective 7-1-2024. See also preceding version of this section, effective until 7-1-2024.
Sec. 2. (a) The operations fund shall be used to deposit the following after December 31, 2018, in the case of a school corporation:
(1) Revenue from the school corporation's operations fund property tax levy under IC 20-46-8.
(2) The sum of the following excise tax revenue received for deposit in the fund in the calendar year in which the school year begins:
(A) Financial institutions excise tax (IC 6-5.5).
(B) Motor vehicle excise taxes (IC 6-6-5).
(C) Commercial vehicle excise taxes (IC 6-6-5.5).
(D) Boat excise tax (IC 6-6-11).
(E) Aircraft license excise tax (IC 6-6-6.5).
(3) Transfers from the education fund (IC 20-40-2) or the operating referendum tax levy fund (IC 20-40-3), if any.
(4) Allocations of local income taxes to the school corporation under IC 6-3.6-6, if any.
(b) The operations fund shall be used to deposit amounts distributed to the charter school under IC 20-46-8-11.2 after December 31, 2024.
As added by P.L.244-2017, SEC.86. Amended by P.L.201-2023, SEC.186.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 18. School Corporation Operations Fund › 20-40-18-3. Appropriations Required

Sec. 3. Expenditures from the operations fund may be made only after appropriation in the school corporation's annual budget or by an additional appropriation under IC 6-1.1-18-5.
As added by P.L.244-2017, SEC.86.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 18. School Corporation Operations Fund › 20-40-18-4. Investment of Balances; Transfer to School Rainy Day Fund

Sec. 4. (a) Any balance in the operations fund may be invested in the manner provided for investment of money by a political subdivision. The net proceeds from the investment become a part of the operations fund.
(b) Any balance, or a part of the balance, remaining in the operations fund at the end of a year may be:
(1) retained in the operations fund; or
(2) transferred to the school corporation's rainy day fund.
As added by P.L.244-2017, SEC.86. Amended by P.L.140-2018, SEC.15.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › 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.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 18. School Corporation Operations Fund › 20-40-18-8. Transportation of School Children

Sec. 8. (a) A school corporation shall use the operations fund to pay the transportation costs attributable to transportation of school children as specified in subsection (b).
(b) Only the following costs are payable from the fund:
(1) Salaries paid to bus drivers, transportation supervisors, mechanics and garage employees, clerks, and other transportation related employees.
(2) Contracted transportation services.
(3) Wages of independent contractors.
(4) Contracts with common carriers.
(5) Student fares.
(6) Transportation related insurance.
(7) Other expenses of operating the school corporation's transportation service, including gasoline, lubricants, tires, repairs, contracted repairs, parts, supplies, equipment, and other related expenses.
(c) Percentages or parts of salaries of teaching personnel or principals are not attributable to transportation. However, parts of salaries of instructional aides who are assigned to assist with the school transportation program are attributable to transportation. The costs described in this subsection (other than instructional aide costs) may not be budgeted for payment or paid from the fund.
(d) Costs for a calendar year are those costs attributable to transportation for students during the school year ending in the calendar year.
As added by P.L.244-2017, SEC.86.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 18. School Corporation Operations Fund › 20-40-18-10. Emergencies Listed

Sec. 10. (a) For purposes of section 7 of this chapter, an emergency when used with respect to repair or replacement is:
(1) a fire;
(2) a flood;
(3) a windstorm;
(4) a mechanical failure of any part of a structure; or
(5) an unforeseeable circumstance.
(b) For purposes of section 7 of this chapter, an emergency when used with respect to site acquisition is the unforeseeable availability of real property for purchase.
As added by P.L.244-2017, SEC.86.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 18. School Corporation Operations Fund › 20-40-18-11. Transfers to Education Fund

Note: This version of section effective until 7-1-2024. See also following version of this section, effective 7-1-2024.
Sec. 11. (a) Only after the transfer is authorized by the governing body in a public meeting with public notice, money in the operations fund may be transferred to the education fund to cover expenditures that are allocated to student instruction and learning under IC 20-42.5. The amount transferred from the operations fund to the education fund shall be reported by the school corporation to the department. The transfers made during the:
(1) first six (6) months of each state fiscal year shall be reported before January 31 of the following year; and
(2) last six (6) months of each state fiscal year shall be reported before July 31 of that year.
(b) The report must include a description of each purpose for which a transfer was made and the amount of the transfer that corresponded to each purpose.
(c) The department must post the report submitted under subsection (a) on the department's Internet web site.
As added by P.L.244-2017, SEC.86.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 18. School Corporation Operations Fund › 20-40-18-11-b. Transfers to Education Fund

Note: This version of section effective 7-1-2024. See also preceding version of this section, effective until 7-1-2024.
Sec. 11. (a) Only after the transfer is authorized by the governing body in a public meeting with public notice, money in the operations fund may be transferred to the education fund to cover expenditures that are allocated to student instruction and learning under IC 20-42.5. The amount transferred from the operations fund to the education fund shall be reported by the school corporation or, if applicable, charter school, to the department. The transfers made during the:
(1) first six (6) months of each state fiscal year shall be reported before January 31 of the following year; and
(2) last six (6) months of each state fiscal year shall be reported before July 31 of that year.
(b) The report must include a description of each purpose for which a transfer was made and the amount of the transfer that corresponded to each purpose.
(c) The department must post the report submitted under subsection (a) on the department's website.
As added by P.L.244-2017, SEC.86. Amended by P.L.201-2023, SEC.188.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › 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 be created by each school corporation for which a controlled project was approved by the voters in a referendum under IC 6-1.1-20.
As added by P.L.244-2017, SEC.87.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 19. School Corporation Referendum Controlled Project Tax Levy Fund › 20-40-19-2. Sources of Revenue

Sec. 2. The referendum controlled project tax levy fund shall be used to deposit the following:
(1) Revenue from the school corporation's property tax levy that is imposed as a result of being approved by the voters in a referendum of a controlled project for the school corporation under IC 6-1.1-20.
(2) The sum of the following excise tax revenue received for deposit in the fund in the calendar year in which the school year begins:
(A) Financial institutions excise tax (IC 6-5.5).
(B) Motor vehicle excise taxes (IC 6-6-5).
(C) Commercial vehicle excise taxes (IC 6-6-5.5).
(D) Boat excise tax (IC 6-6-11).
(E) Aircraft license excise tax (IC 6-6-6.5).
(3) Allocations of local income taxes to the school corporation under IC 6-3.6, if any.
As added by P.L.244-2017, SEC.87.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 19. School Corporation Referendum Controlled Project Tax Levy Fund › 20-40-19-3. Limitations on Uses

Sec. 3. The referendum controlled project tax levy may be used only for debt service, lease payments, and similar obligations actually due for a controlled project approved by the voters in a referendum under IC 6-1.1-20.
As added by P.L.244-2017, SEC.87.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 20. School Safety Referendum Tax Levy Fund › 20-40-20-2. "Levy"

Sec. 2. As used in this chapter, "levy" refers to a school safety referendum tax levy imposed under IC 20-46-9 for the fund.
As added by P.L.272-2019, SEC.8.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 20. School Safety Referendum Tax Levy Fund › 20-40-20-3. "School Resource Officer"

Sec. 3. As used in this chapter, "school resource officer" has the meaning set forth in IC 20-26-18.2-1.
As added by P.L.272-2019, SEC.8.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 20. School Safety Referendum Tax Levy Fund › 20-40-20-4. Requirement to Establish Fund if Levy Is Approved

Sec. 4. The governing body of each school corporation for which a levy is approved under IC 20-46-9 shall establish a school safety referendum tax levy fund.
As added by P.L.272-2019, SEC.8.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 20. School Safety Referendum Tax Levy Fund › 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 in the fund may be used only for the following purposes:
(1) To employ or compensate a school resource officer or school resource officers.
(2) To establish or fund a school safety office.
(3) To conduct a threat assessment of a school building.
(4) To create or update a school safety plan.
(5) To develop or update school emergency response systems.
(6) To purchase equipment to improve the safety of a school building, school grounds, or school buses.
(7) To pay capital expenses to improve the safety of a school building.
(8) To establish and administer programs to address youth specific mental illness, addiction, anger management, bullying, and school violence.
(9) To develop and administer professional development programs for teachers, administrators, and other school employees designed to improve school safety and reduce violence.
(b) Except as provided in IC 20-46-9-22, a school corporation may distribute, with the approval of the majority of members of the governing body, a portion of the proceeds of a tax levy collected under IC 20-46-9 that is deposited in the fund to a charter school, excluding a virtual charter school, that is located within the attendance area of the school corporation, to be used by the charter school for the purposes described in subsection (a).
(c) Expenditures paid using money collected from the levy shall be included in a school's safety plan.
(d) Local law enforcement shall participate in:
(1) development of a school safety plan;
(2) development or updates to school emergency response systems; and
(3) determination of capital expenses that would improve the safety of a school building.
(e) Money in the fund may be transferred to the school corporation's education fund (IC 20-40-2), operations fund (IC 20-40-18), or school safety referendum debt service fund (IC 20-40-21), as applicable, to pay for expenditures listed in subsection (a).
As added by P.L.272-2019, SEC.8. Amended by P.L.154-2020, SEC.41; P.L.189-2023, SEC.29.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 21. School Safety Referendum Debt Service Fund › 20-40-21-2. Requirement to Create a Fund if Levy Is Approved

Sec. 2. A school safety referendum debt service fund must be created by each school corporation for which a school safety referendum tax levy was approved by the voters in a referendum under IC 20-46-9.
As added by P.L.272-2019, SEC.9.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 21. School Safety Referendum Debt Service Fund › 20-40-21-3. Transfer of Amounts Into the Fund

Sec. 3. The fund consists of any amounts transferred into the fund from a school corporation's school safety referendum tax levy fund (IC 20-40-20).
As added by P.L.272-2019, SEC.9.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 21. School Safety Referendum Debt Service Fund › 20-40-21-4. Use of the Money in the Fund for Debt Service

Sec. 4. The fund may be used only to pay for the school corporation's debt service on bonds or obligations issued or incurred to pay for school safety referendum tax levy purposes described in IC 20-40-20-6(a).
As added by P.L.272-2019, SEC.9.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 22. Curricular Materials Fund › 20-40-22-1. "Accredited Nonpublic School"

Sec. 1. As used in this chapter, "accredited nonpublic school" means a nonpublic school that:
(1) has voluntarily become accredited under IC 20-31-4.1; or
(2) is accredited by a national or regional accrediting agency that is recognized by the state board of education.
As added by P.L.201-2023, SEC.189.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 22. Curricular Materials Fund › 20-40-22-2. "Eligible Student"

Sec. 2. As used in this chapter, "eligible student" means a child or an emancipated minor:
(1) who is enrolled in an accredited nonpublic school in kindergarten or grades 1 through 12; and
(2) in the case of:
(A) a child, whose parent meets; or
(B) an emancipated minor, meets;
the financial eligibility standard under IC 20-33-5.
As added by P.L.201-2023, SEC.189.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 22. Curricular Materials Fund › 20-40-22-4. "Public School"

Sec. 4. As used in this chapter, "public school" means a:
(1) school maintained by a school corporation; or
(2) charter school.
As added by P.L.201-2023, SEC.189.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 22. Curricular Materials Fund › 20-40-22-5. Curricular Materials Fund; Purpose

Sec. 5. (a) The curricular materials fund is established. The department shall administer the fund. The purpose of the fund is to provide funding for:
(1) state advancements or reimbursements of costs incurred by public schools to provide curricular materials to students at no cost as required under IC 20-26-12-1; and
(2) reimbursements of costs incurred by a parent of an eligible student, or an eligible student, for curricular materials as provided under IC 20-33-5-9.
(b) The fund consists of the following:
(1) Appropriations by the general assembly.
(2) Donations.
(3) Federal grants or other federal appropriations.
(4) Interest and other earnings derived from investment of money in the fund.
(c) The treasurer of state shall invest money in the fund not currently needed to meet the obligations of the fund in the same manner as other public money may be invested. Interest that accrues from these investments must be deposited in the fund.
(d) Money in the fund is continually appropriated for the purposes of this chapter.
(e) Money in the fund may not be used for the costs of administering this chapter.
As added by P.L.201-2023, SEC.189.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 22. Curricular Materials Fund › 20-40-22-6. Use of Money in the Fund

Sec. 6. Money in the fund may be used only for the:
(1) advancement of costs or reimbursement of expenditures incurred by a public school to purchase curricular materials that are provided to each student at no cost as required by IC 20-26-12-1; and
(2) reimbursements of costs incurred by a parent of an eligible student, or an eligible student for curricular materials as provided under IC 20-33-5-9.
As added by P.L.201-2023, SEC.189.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 22. Curricular Materials Fund › 20-40-22-7. Annual Average Cost Amount per Student for Curricular Materials

Sec. 7. The department shall annually determine an average cost amount per student for curricular materials to determine the distribution amount under this chapter. The amount determined by the department under this section must be identical for all students of public schools and eligible students.
As added by P.L.201-2023, SEC.189.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 22. Curricular Materials Fund › 20-40-22-8. Distribution Amount Determination; Distributions From the Fund

Sec. 8. (a) The department shall annually determine the total distribution amount from the fund in a state fiscal year.
(b) Beginning October 1, 2023, and October 1 each year thereafter, the department shall distribute from the fund to each public school and each accredited nonpublic school from which a reimbursement request was received under IC 20-33-5-9 an amount equal to:
(1) the average cost amount per student for curricular materials as determined under section 7 of this chapter; multiplied by
(2) in the case of:
(A) a public school, the fall count of ADM for the public school; and
(B) an accredited nonpublic school, the number of eligible students for whom a request for reimbursement was submitted under IC 20-33-5-9.
(c) If the total distribution amount from the fund is less than the amount needed to pay the cost of all curricular materials provided and the cost of reimbursements under this chapter, the department shall make distributions from the fund to each public school and each applicable accredited nonpublic school based on the cost of curricular materials per student as determined under section 7 of this chapter on a pro rata basis.
As added by P.L.201-2023, SEC.189.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 22. Curricular Materials Fund › 20-40-22-9. Separate Curricular Materials Account

Sec. 9. Each public school shall establish a separate curricular materials account for the purpose of receiving distributions under this chapter, amounts received from the rental of curricular materials to nonpublic schools, and fees collected under IC 20-26-12-1(b) for lost or significantly damaged curricular materials. A public school that receives a distribution of money from the curricular materials fund under this chapter shall deposit the distributed amount in the public school's curricular materials account. Money in the account may be used only for the costs of curricular materials.
As added by P.L.201-2023, SEC.189.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 1. Accounting for School Functions; Extracurricular Account › 20-41-1-1. "Treasurer"

Sec. 1. As used in this chapter, "treasurer" includes an assistant treasurer or a deputy treasurer.
[Pre-2006 Recodification Citation: 20-26-6-1.]
As added by P.L.2-2006, SEC.164.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 1. Accounting for School Functions; Extracurricular Account › 20-41-1-2. Accounting as Separate Funds

Note: This version of section effective until 1-1-2024. See also following version of this section, effective 1-1-2024.
Sec. 2. Any self-supporting programs maintained by a school corporation, including school lunch, may be established as a separate fund, separate and apart from any other school corporation fund, if no local tax rate is established for the programs.
[Pre-2006 Recodification Citation: 21-2-11-5.]
As added by P.L.2-2006, SEC.164. Amended by P.L.286-2013, SEC.119; P.L.238-2019, SEC.16; P.L.201-2023, SEC.190.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 1. Accounting for School Functions; Extracurricular Account › 20-41-1-2-b. Accounting as Separate Funds

Note: This version of section effective 1-1-2024. See also preceding version of this section, effective until 1-1-2024.
Sec. 2. Any self-supporting programs maintained by a school corporation, excluding school lunch, may be established as a separate fund, separate and apart from any other school corporation fund, if no local tax rate is established for the programs.
[Pre-2006 Recodification Citation: 21-2-11-5.]
As added by P.L.2-2006, SEC.164. Amended by P.L.286-2013, SEC.119; P.L.238-2019, SEC.16; P.L.201-2023, SEC.190; P.L.58-2023, SEC.7; P.L.201-2023, SEC.191.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 1. Accounting for School Functions; Extracurricular Account › 20-41-1-3. Custodian Responsibilities

Sec. 3. (a) A person who has charge of the collection, custody, and disbursement of funds collected and expended to pay expenses incurred in conducting any athletic, social, or other school function, the cost of which is not paid from public funds, shall:
(1) keep an accurate account of all money received and expended, showing the:
(A) sources of all receipts;
(B) purposes for which the money was expended; and
(C) balance on hand; and
(2) file a copy of the account with the township trustee, board of school trustees, or board of school commissioners within two (2) weeks after the close of each school year.
(b) An account filed under subsection (a)(2) is a public record open to inspection by any interested person at any reasonable time during office hours.
[Pre-2006 Recodification Citation: 21-4-23-1.]
As added by P.L.2-2006, SEC.164.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 1. Accounting for School Functions; Extracurricular Account › 20-41-1-4. Forms

Sec. 4. (a) All forms and records for keeping the accounts of the extracurricular activities in school corporations shall be prescribed or approved by the state board of accounts. The records and affairs of the extracurricular activities may be examined by the state board of accounts when the state examiner determines an examination is necessary. The forms prescribed or approved for keeping these accounts must achieve a simplified system of bookkeeping and shall be paid for, along with the bond required in this chapter, from the education fund or operations fund in accordance with the categories of expenditures established under IC 20-42.5-3.
(b) The funds of all accounts of any organization, class, or activity shall be accounted separately from all others. Funds may not be transferred from the accounts of any organization, class, or activity except by a majority vote of its members, if any, and by the approval of the principal, sponsor, and treasurer of the organization, class, or activity. However, in the case of athletic funds:
(1) approval of the transfer must be made by the athletic director, who is regarded as the sponsor; and
(2) participating students are not considered members.
All expenditures of the funds are subject to review by the governing body of the school corporation.
[Pre-2006 Recodification Citation: 20-26-6-7.]
As added by P.L.2-2006, SEC.164. Amended by P.L.238-2019, SEC.17.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 1. Accounting for School Functions; Extracurricular Account › 20-41-1-5. Requirement of Treasurer

Note: This version of section effective until 1-1-2024. See also following version of this section, effective 1-1-2024.
Sec. 5. (a) A public school must have a treasurer for purposes of this chapter. The treasurer must be:
(1) the superintendent or principal of the particular school;
(2) a clerk of the school corporation; or
(3) a member of the faculty appointed by the superintendent or principal.
This designation must be made immediately upon the opening of the school term or the vacating of the office of treasurer. Claims shall be filed and paid under sections 7 and 8 of this chapter. The employing or appointing officials of a school may appoint and engage a school treasurer or clerk.
(b) A school corporation may appoint one (1) or more assistant or deputy treasurers.
(c) A treasurer is not personally liable for an act or omission occurring in connection with the performance of the duties set forth in this chapter, unless the act or omission constitutes gross negligence or an intentional disregard of the treasurer's duties.
[Pre-2006 Recodification Citations: subsection (a) formerly 20-26-6-3; subsection (c) formerly 20-26-6-4(e).]
As added by P.L.2-2006, SEC.164.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 1. Accounting for School Functions; Extracurricular Account › 20-41-1-5-b. Requirement of Treasurer

Note: This version of section effective 1-1-2024. See also preceding version of this section, effective until 1-1-2024.
Sec. 5. (a) A public school must have a treasurer for purposes of this chapter. The treasurer must be:
(1) the superintendent or principal of the particular school;
(2) a clerk of the school corporation; or
(3) a member of the faculty appointed by the superintendent or principal.
This designation must be made immediately upon the opening of the school term or the vacating of the office of treasurer. Claims shall be filed and paid under sections 7 and 8 of this chapter. The employing or appointing officials of a school may appoint and engage a school treasurer or clerk.
(b) A school corporation may appoint one (1) or more assistant or deputy treasurers.
(c) Except as provided in IC 5-11, a treasurer is not personally liable for an act or omission occurring in connection with the performance of the duties set forth in this chapter, unless the act or omission constitutes gross negligence or an intentional disregard of the treasurer's duties.
[Pre-2006 Recodification Citations: subsection (a) formerly 20-26-6-3; subsection (c) formerly 20-26-6-4(e).]
As added by P.L.2-2006, SEC.164. Amended by P.L.58-2023, SEC.8.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 1. Accounting for School Functions; Extracurricular Account › 20-41-1-6. Bond

Sec. 6. (a) The treasurer shall give a bond in an amount fixed by the superintendent and principal of the school approximating the total amount of the anticipated funds that will come into the possession of the treasurer at any one (1) time during the regular school year. Bonds shall be filed with the trustee or board of school trustees. The surety on the bonds must be a surety company authorized to do business in Indiana. However, the requirement for giving the bond and the requirement to deposit the receipts in a separate bank account, as required in section 9 of this chapter, do not apply to any school for which the funds, as estimated by the principal, will not exceed three hundred dollars ($300) during a school year.
(b) The requirements of this chapter may be fulfilled by providing a comprehensive bonding instrument, including a single blanket position bond, for all extracurricular treasurers. A comprehensive bonding instrument is acceptable instead of individual separate personal position bonds.
[Pre-2006 Recodification Citation: 20-26-6-5.]
As added by P.L.2-2006, SEC.164.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 1. Accounting for School Functions; Extracurricular Account › 20-41-1-7. Responsibilities of Treasurer

Sec. 7. (a) The treasurer has charge of the custody and disbursement of any funds collected by a collecting authority and expended to pay expenses:
(1) approved by the principal or teacher in charge of the school;
(2) incurred in conducting any athletic, social, or other school function (other than functions conducted solely by any organization of parents and teachers);
(3) that cost more than twenty-five dollars ($25) during the school year; and
(4) that are not paid from public funds.
(b) The principal or teacher in charge of the school shall designate a collecting authority to be in charge of the collection of any funds described in this section. Upon collection of any funds, the collecting authority shall deliver the funds, together with an accounting of the funds, to the custody of the school treasurer. The principal may designate different collecting authorities for each separate account of funds described in this section.
[Pre-2006 Recodification Citation: 20-26-6-4(a).]
As added by P.L.2-2006, SEC.164.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 1. Accounting for School Functions; Extracurricular Account › 20-41-1-8. Treasurer; Duties; Accurate Accounts; Reports

Sec. 8. (a) The treasurer shall keep an accurate account of all money received by the collecting authority and expended, showing:
(1) the sources of all receipts;
(2) the purposes for which the money was expended; and
(3) the balance on hand.
A copy of the report, together with all records and files of extracurricular activities, shall be filed as required under section 3 of this chapter.
(b) However, in a school that has two (2) or more semesters in any one (1) school year, the treasurer of the school shall file a copy of the treasurer's financial report of receipts and disbursements with the township trustee, board of school trustees, or board of school commissioners not more than two (2) weeks after the close of each semester. Records and files of extracurricular activities for the entire school year shall be filed with the last financial semester report of any one (1) school year.
(c) A copy of the report shall be filed with and kept by the city superintendent having jurisdiction and the county superintendent where the superintendent has jurisdiction.
(d) The records under this section shall be kept for five (5) years, after which they may be destroyed.
[Pre-2006 Recodification Citations: subsection (a) formerly 20-26-6-4(b); subsection (b) formerly 20-26-6-4(c); subsection (c) formerly 20-26-6-4(d) part; subsection (d) formerly 20-26-6-4(d) part.]
As added by P.L.2-2006, SEC.164.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 1. Accounting for School Functions; Extracurricular Account › 20-41-1-9. Deposits and Accounts

Sec. 9. (a) The treasurer shall deposit all receipts in one (1) bank account. The receipts shall be deposited without unreasonable delay. The account is known as the school extracurricular account. The records of each organization, class, or activity shall be kept separate so that the balance in each fund may be known at all times.
(b) The money in the school extracurricular account may be invested under the conditions specified in IC 5-13-10 and IC 5-13-10.5 for investment of state money. However, investments under this section are at the discretion of the principal. The interest earned from any investment may be credited to the school extracurricular account and need not be credited proportionately to each separate extracurricular fund. The interest earned from the investment may be used for any of the following:
(1) A school purpose approved by the principal.
(2) An extracurricular purpose approved by the principal.
(c) Amounts expended under this section for the purposes described in this section are in addition to the appropriation under IC 20-26-5-4(a)(3).
[Pre-2006 Recodification Citation: 20-26-6-6.]
As added by P.L.2-2006, SEC.164. Amended by P.L.233-2015, SEC.294.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 2. School Lunch and Textbook Rental Programs › 20-41-2-1. Repealed

[Pre-2006 Recodification Citation: 20-23-3-5.]
As added by P.L.2-2006, SEC.164. Repealed by P.L.58-2023, SEC.9.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 2. School Lunch and Textbook Rental Programs › 20-41-2-2. Repealed

[Pre-2006 Recodification Citation: 20-23-3-6.]
As added by P.L.2-2006, SEC.164. Amended by P.L.286-2013, SEC.120. Repealed by P.L.58-2023, SEC.10 and P.L.201-2023, SEC.192.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 2. School Lunch and Textbook Rental Programs › 20-41-2-3. Repealed

[Pre-2006 Recodification Citation: 20-23-3-7.]
As added by P.L.2-2006, SEC.164. Amended by P.L.286-2013, SEC.121. Repealed by P.L.58-2023, SEC.11.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 2. School Lunch and Textbook Rental Programs › 20-41-2-4. School Corporations; Election to Use Separate School Lunch Fund or Extracurricular Account

Note: This version of section effective until 1-1-2024. See also following version of this section, effective 1-1-2024.
Sec. 4. A governing body in operating a school lunch program under IC 20-26-5-4(a)(11) may use either of the following accounting methods:
(1) It may supervise and control the program through the school corporation account, establishing a school lunch fund.
(2) It may cause the program to be operated by the individual schools of the school corporation through the school corporation's extracurricular account or accounts in accordance with IC 20-41-1.
[Pre-2006 Recodification Citation: 20-26-5-15.]
As added by P.L.2-2006, SEC.164. Amended by P.L.233-2015, SEC.295; P.L.118-2016, SEC.17.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 2. School Lunch and Textbook Rental Programs › 20-41-2-4-b. School Lunch Program; School Corporation Account Required

Note: This version of section effective 1-1-2024. See also preceding version of this section, effective until 1-1-2024.
Sec. 4. A governing body in operating a school lunch program under IC 20-26-5-4(a)(11) must supervise and control the program through the school corporation account, establishing a school lunch fund.
[Pre-2006 Recodification Citation: 20-26-5-15.]
As added by P.L.2-2006, SEC.164. Amended by P.L.233-2015, SEC.295; P.L.118-2016, SEC.17; P.L.58-2023, SEC.12.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 2. School Lunch and Textbook Rental Programs › 20-41-2-5. Accounting Methods for Curricular Materials Program

Note: This version of section effective until 1-1-2024. See also following version of this section, effective 1-1-2024.
Sec. 5. (a) A governing body in operating a curricular materials program under IC 20-26-5-4(a)(12) may use either of the following accounting methods:
(1) The governing body may supervise and control the program through the school corporation's curricular materials fund or education fund.
(2) If curricular materials have not been purchased and financial commitments or guarantees for the purchases have not been made by the school corporation, the governing body may cause the program to be operated by the individual schools of the school corporation through the school corporation's extracurricular account or accounts in accordance with IC 20-41-1.
(b) If the governing body determines that a hardship exists due to the inability of a student's family or an emancipated minor to pay any required fees or a reasonable fee for lost or significantly damaged curricular materials, taking into consideration the income of the family or the emancipated minor and the demands on the family or emancipated minor, the governing body may waive the fee.
[Pre-2006 Recodification Citation: 20-26-5-16.]
As added by P.L.2-2006, SEC.164. Amended by P.L.286-2013, SEC.122; P.L.233-2015, SEC.296; P.L.118-2016, SEC.18; P.L.244-2017, SEC.88; P.L.140-2018, SEC.18; P.L.201-2023, SEC.193.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 2. School Lunch and Textbook Rental Programs › 20-41-2-5-b. Accounting Methods for Curricular Materials Program

Note: This version of section effective 1-1-2024. See also preceding version of this section, effective until 1-1-2024.
Sec. 5. (a) A governing body in operating a curricular materials program under IC 20-26-5-4(a)(12) must supervise and control the program through the school corporation's curricular materials fund or education fund.
(b) If the governing body determines that a hardship exists due to the inability of a student's family or an emancipated minor to pay any required fees or a reasonable fee for lost or significantly damaged curricular materials, taking into consideration the income of the family or the emancipated minor and the demands on the family or emancipated minor, the governing body may waive the fee.
[Pre-2006 Recodification Citation: 20-26-5-16.]
As added by P.L.2-2006, SEC.164. Amended by P.L.286-2013, SEC.122; P.L.233-2015, SEC.296; P.L.118-2016, SEC.18; P.L.244-2017, SEC.88; P.L.140-2018, SEC.18; P.L.201-2023, SEC.193; P.L.58-2023, SEC.13; P.L.201-2023, SEC.194.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 2. School Lunch and Textbook Rental Programs › 20-41-2-6. School Corporations; Expenditures Without Appropriation

Sec. 6. If a school lunch fund is established under section 4 of this chapter and the school corporation's education fund is used under section 5 of this chapter, the receipts and expenditures from a fund for the program to which the fund relates shall be made to and from the appropriate fund without appropriation or the application of other statutes and rules relating to the budgets of municipal corporations.
[Pre-2006 Recodification Citation: 20-26-5-17.]
As added by P.L.2-2006, SEC.164. Amended by P.L.286-2013, SEC.123; P.L.244-2017, SEC.89; P.L.201-2023, SEC.195; P.L.58-2023, SEC.14.
2023 Indiana Code › Title 20. Education › Article 41. Extracurricular Funds and Accounts › Chapter 2. School Lunch and Textbook Rental Programs › 20-41-2-7. Indianapolis Public Schools; Application of Other Laws

Sec. 7. IC 20-25-4-19 applies to a lunch program established by a school city (as defined in IC 20-25-2-12).
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.164.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 1. Administration of Common School Fund by County › 20-42-1-1. Application

Sec. 1. This chapter applies to a county that has not:
(1) transferred the money in the county's fund to the debt service funds of the school corporations in the county under section 5 of this chapter, IC 21-2-4-5 (before its repeal), or a predecessor law; or
(2) surrendered the money in the county's fund to the treasurer of state under section 6 of this chapter, IC 21-1-3-1 (before its repeal), or a predecessor law.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 1. Administration of Common School Fund by County › 20-42-1-2. "Fund"

Sec. 2. As used in this chapter, "fund" refers to a common school fund administered by a county.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 1. Administration of Common School Fund by County › 20-42-1-3. Sources of Fund

Sec. 3. The funds that:
(1) before March 6, 1865, were:
(A) known and designated as the surplus revenue funds;
(B) appropriated to common schools;
(C) known and designated as the saline fund;
(D) known and designated as the bank-tax fund;
(E) derived from the sale of county seminaries and property belonging to county seminaries or after March 5, 1865, are derived from the sale of county seminaries and property belonging to county seminaries; or
(F) money and property held for county seminaries;
(2) are derived from fines assessed for breaches of the penal laws of the state;
(3) are derived from forfeitures that accrue;
(4) are derived from lands and other estate that escheat to the state for want of heirs or kindred entitled to the inheritance of the lands or other estate;
(5) are derived from lands that:
(A) were granted before March 6, 1865; or
(B) are granted after March 5, 1865;
to the state, if no special object is expressed in the grant;
(6) are derived from the proceeds of the sales of the swamp lands granted to the state of Indiana by the act of Congress of September 1850;
(7) are derived from the taxes that are assessed periodically upon the property of corporations for common school purposes; and
(8) are derived from the one hundred and fourteenth section of the charter of the state bank of Indiana;
constitute the common school fund.
[Pre-2006 Recodification Citation: 21-1-1-1 part.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 1. Administration of Common School Fund by County › 20-42-1-4. Prohibition on Reducing Principal of Fund

Sec. 4. Subject to sections 5, 6 and 9 of this chapter, the fund shall never be diminished in amount.
[Pre-2006 Recodification Citation: 21-1-1-1 part.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 1. Administration of Common School Fund by County › 20-42-1-5. Transfer of Fund Balance to Debt Service Fund and to the Operations Fund

Sec. 5. Any balance remaining in a fund shall be transferred to the debt service funds of the school corporations in the county. The amount transferred may be appropriated and paid to a school corporation's operations fund.
[Pre-2006 Recodification Citation: 21-2-4-5 part.]
As added by P.L.2-2006, SEC.165. Amended by P.L.244-2017, SEC.90.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 1. Administration of Common School Fund by County › 20-42-1-7. County Liability for Fund

Sec. 7. A county shall be held liable for the:
(1) preservation of the part of the fund as is entrusted or has been entrusted to the county; and
(2) payment of the annual interest on the fund at the rate established by law.
[Pre-2006 Recodification Citation: 21-1-1-2 part.]
As added by P.L.2-2006, SEC.165.