reglab/statecodes huggingface dataset:
2023 Indiana Code › Title 20. Education › Article 38. Educational Compacts › Chapter 3. Interstate Compact on Educational Opportunity for Military Children › 20-38-3-18. Binding Effect of Compact and Other Laws

Sec. 18. ARTICLE XVIII. BINDING EFFECT OF COMPACT AND OTHER LAWS
A. Other Laws
1. This compact does not prevent the enforcement of any other law of a member state that is not inconsistent with this compact.
2. All member states' laws that conflict with this compact are superseded to the extent of the conflict.
B. Binding Effect of the Compact
1. All lawful actions of the interstate commission, including all rules and bylaws adopted by the interstate commission, are binding upon the member states.
2. All agreements between the interstate commission and the member states are binding in accordance with their terms.
3. If a provision of this compact exceeds the constitutional limits imposed on the legislature of any member state, the provision is ineffective to the extent of the conflict with the constitutional provision in question in that member state.
As added by P.L.21-2009, SEC.1.
2023 Indiana Code › Title 20. Education › Article 39. Accounting and Financial Reporting Procedures › Chapter 1. Unified Accounting System › 20-39-1-1. Required Implementation

Sec. 1. All public school governing bodies, except a charter school organizer, shall adopt and fully and accurately implement a single, unified accounting system as prescribed by the state board and the state board of accounts.
[Pre-2006 Recodification Citation: 20-26-6-2.]
As added by P.L.2-2006, SEC.162. Amended by P.L.280-2013, SEC.54.
2023 Indiana Code › Title 20. Education › Article 39. Accounting and Financial Reporting Procedures › Chapter 1. Unified Accounting System › 20-39-1-2. Repealed

[Pre-2006 Recodification Citation: 20-24-8-5.]
As added by P.L.2-2006, SEC.162. Repealed by P.L.280-2013, SEC.55.
2023 Indiana Code › Title 20. Education › Article 39. Accounting and Financial Reporting Procedures › Chapter 1. Unified Accounting System › 20-39-1-3. Application to Freeway Schools

Sec. 3. IC 20-26-15-6 applies to the budget and accounting system of a freeway school.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.162.
2023 Indiana Code › Title 20. Education › Article 39. Accounting and Financial Reporting Procedures › Chapter 1. Unified Accounting System › 20-39-1-4. Charter School Organizers

Sec. 4. Charter school organizers shall adopt and accurately implement a single, unified accounting system for charter school organizers as prescribed by the state board and the state board of accounts. The system, including a chart of accounts and all prescribed forms, must enable charter school organizers to adopt the accrual basis method of accounting.
As added by P.L.280-2013, SEC.56.
2023 Indiana Code › Title 20. Education › Article 39. Accounting and Financial Reporting Procedures › Chapter 2. Oversight by Department of Education › 20-39-2-1. Supervision by Secretary of Education

Sec. 1. (a) The secretary of education shall exercise the supervision over school funds and revenues that is necessary to ascertain their safety, secure their preservation, and secure their application to the proper object.
(b) The secretary of education may cause to be instituted, in the name of the state of Indiana, for the use of the proper fund or revenue, all suits necessary for the recovery of any part of the funds or revenues. The prosecuting attorney shall prosecute all the suits at the insistence of the secretary of education and without charge against the funds or revenue.
[Pre-2006 Recodification Citation: 21-1-1-62.]
As added by P.L.2-2006, SEC.162. Amended by P.L.43-2021, SEC.123.
2023 Indiana Code › Title 20. Education › Article 39. Accounting and Financial Reporting Procedures › Chapter 2. Oversight by Department of Education › 20-39-2-2. Power to Require Reports

Sec. 2. The secretary of education may require from the county auditors, school examiners, county treasurers, township trustees, county clerks, and county treasurers:
(1) copies of all reports required to be made by them; and
(2) all other information in relation to the duties of their respective offices, so far as those duties relate to the:
(A) condition of the school funds, school revenues, and property of the common schools; and
(B) condition and management of the common schools;
that the secretary of education determines is important.
[Pre-2006 Recodification Citation: 21-1-1-63.]
As added by P.L.2-2006, SEC.162. Amended by P.L.43-2021, SEC.124.
2023 Indiana Code › Title 20. Education › Article 39. Accounting and Financial Reporting Procedures › Chapter 2. Oversight by Department of Education › 20-39-2-3. Prescription of Forms

Sec. 3. The secretary of education may prepare and transmit to the proper officers:
(1) suitable forms and rules for making all reports;
(2) necessary blanks for all reports; and
(3) all necessary instructions;
for the better organization and government of common schools and conducting all necessary proceedings under this chapter and IC 20-42.
[Pre-2006 Recodification Citation: 21-1-1-64.]
As added by P.L.2-2006, SEC.162. Amended by P.L.43-2021, SEC.125.
2023 Indiana Code › Title 20. Education › Article 39. Accounting and Financial Reporting Procedures › Chapter 3. Financial Oversight of Township Schools › 20-39-3-1. Inspection of Records

Sec. 1. The books, papers, and accounts of any township trustee concerning schools are at all times subject to the inspection of the school examiner, the county auditor, and the board of county commissioners of the proper county.
[Pre-2006 Recodification Citation: 21-1-1-74.]
As added by P.L.2-2006, SEC.162.
2023 Indiana Code › Title 20. Education › Article 39. Accounting and Financial Reporting Procedures › Chapter 3. Financial Oversight of Township Schools › 20-39-3-2. County Officers; Subpoena Powers

Sec. 2. For purposes of an inspection, the school examiner, county auditor, and board of county commissioners may by subpoena:
(1) summon before them any trustee; and
(2) require the production of books, papers, and accounts;
after three (3) days notice of the time to appear and produce any books, papers, and accounts is given.
[Pre-2006 Recodification Citation: 21-1-1-75.]
As added by P.L.2-2006, SEC.162.
2023 Indiana Code › Title 20. Education › Article 39. Accounting and Financial Reporting Procedures › Chapter 3. Financial Oversight of Township Schools › 20-39-3-3. Correction of Records

Sec. 3. If any books and accounts have been imperfectly kept, the board of commissioners may correct them. If fraud appears, the board of commissioners shall remove the person guilty of the fraud.
[Pre-2006 Recodification Citation: 21-1-1-76.]
As added by P.L.2-2006, SEC.162.
2023 Indiana Code › Title 20. Education › Article 39. Accounting and Financial Reporting Procedures › Chapter 3. Financial Oversight of Township Schools › 20-39-3-4. Prescription of Forms

Sec. 4. The state board of accounts shall prescribe accounting forms to be used by the county committees (as defined in IC 20-23-4-4) and shall audit the financial records of each county committee (as defined in IC 20-23-4-4).
[Pre-2006 Recodification Citation: 20-23-4-41.]
As added by P.L.2-2006, SEC.162. Amended by P.L.181-2015, SEC.40.
2023 Indiana Code › Title 20. Education › Article 39. Accounting and Financial Reporting Procedures › Chapter 4. Audits; Reports Related to Trust Funds › 20-39-4-1. Application; County Common School Fund; Congressional Township School Fund

Sec. 1. This chapter applies to the following funds:
(1) A county common school fund held in trust by a county under IC 20-42-1.
(2) A congressional township school fund held in trust by a county under IC 20-42-2.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.162.
2023 Indiana Code › Title 20. Education › Article 39. Accounting and Financial Reporting Procedures › Chapter 4. Audits; Reports Related to Trust Funds › 20-39-4-2. Examination of Records; State Board of Accounts

Sec. 2. The state board of accounts shall examine the records and affairs of the school funds held in trust by the counties. If the examination discloses a violation of law, the state examiner shall order the county auditor or other public official charged with the performance of any duty to comply with the law. If the county auditor or other public official fails to comply with the state examiner's order within a reasonable time, the state examiner shall certify to the prosecuting attorney of the county a copy of the report of examination and of the order issued for proper proceeding to enforce the law.
[Pre-2006 Recodification Citation: 21-1-7-20.]
As added by P.L.2-2006, SEC.162.
2023 Indiana Code › Title 20. Education › Article 39. Accounting and Financial Reporting Procedures › Chapter 4. Audits; Reports Related to Trust Funds › 20-39-4-3. Annual Report of County Auditor and County Treasurer

Sec. 3. Before May 1 of each calendar year, each county auditor and county treasurer shall prepare a written report and present the report to the board of county commissioners at the May meeting of the board. The report must concern the school funds held in trust by the county. The following information must be included concerning the county common school fund and the congressional township school fund for the previous calendar year:
(1) The amount in each fund.
(2) Any additions to the funds, including the sources of the additional funds.
(3) The financial condition of the funds, including information concerning the amount safely invested, unsafely invested, and uninvested in the funds, and any loss to the funds.
(4) The amount of interest collected on the funds.
(5) Any amount due and unpaid to the funds.
[Pre-2006 Recodification Citation: 21-1-7-29.]
As added by P.L.2-2006, SEC.162.
2023 Indiana Code › Title 20. Education › Article 39. Accounting and Financial Reporting Procedures › Chapter 4. Audits; Reports Related to Trust Funds › 20-39-4-4. Examination of Report; County Commissioners

Sec. 4. (a) At the May meeting the county commissioners shall, in the presence of the county auditor and county treasurer, do the following:
(1) Examine the:
(A) reports prepared under section 3 of this chapter;
(B) accounts and proceedings of the officers in relation to the funds listed in section 1 of this chapter; and
(C) revenue derived from the funds listed in section 1 of this chapter.
(2) Compare the reports with the cash, notes, mortgages, records, and books of the officers to determine the amount in the funds and the safety of the funds.
(b) The county commissioners may do whatever is necessary to secure the preservation and prompt payment of the interest on the funds listed in section 1 of this chapter and make up any losses to the funds that have accrued or may accrue.
[Pre-2006 Recodification Citation: 21-1-7-30.]
As added by P.L.2-2006, SEC.162.
2023 Indiana Code › Title 20. Education › Article 39. Accounting and Financial Reporting Procedures › Chapter 4. Audits; Reports Related to Trust Funds › 20-39-4-5. Annual Report; County Commissioners

Sec. 5. (a) Each board of county commissioners, at the May meeting described in section 4 of this chapter, shall prepare a written report that includes the following information for the previous year:
(1) The amount in the funds at the close of the year.
(2) The amount added from sale of land.
(3) The number of acres of unsold congressional township school lands and the approximate value of the lands.
(4) The amount added from fines and forfeitures.
(5) The amount added by the commissioners of the debt service fund.
(6) The amount added from all other sources.
(7) The total amount in the funds.
(8) The amount refunded.
(9) The amount reloaned.
(10) The amount safely invested.
(11) The amount unsafely invested.
(12) The amount uninvested.
(13) The amount of any fund loss.
(14) The amount of interest collected.
(15) The amount of interest delinquent.
(b) The information in the report required by subsection (a) must distinguish between the:
(1) congressional township school fund; and
(2) county common school fund.
In its report of the interest or revenue derived from the funds, the board of county commissioners shall observe the same distinction.
[Pre-2006 Recodification Citation: 21-1-7-31.]
As added by P.L.2-2006, SEC.162.
2023 Indiana Code › Title 20. Education › Article 39. Accounting and Financial Reporting Procedures › Chapter 4. Audits; Reports Related to Trust Funds › 20-39-4-6. Record of Report; Distribution of Copies

Sec. 6. The report prepared under section 5 of this chapter must be entered on the records of the board of county commissioners. Copies of the report must be:
(1) signed by the members of the board of county commissioners, the county auditor, and the county treasurer; and
(2) sent to the:
(A) auditor of state; and
(B) secretary of education.
[Pre-2006 Recodification Citation: 21-1-7-32.]
As added by P.L.2-2006, SEC.162. Amended by P.L.43-2021, SEC.126.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 1. Funds Established Outside Ic 20-40 › 20-40-1-1. Purpose

Sec. 1. This article is not intended to be an exhaustive list of the governmental funds and accounts that a school corporation may establish to carry out school purposes.
[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 1. Funds Established Outside Ic 20-40 › 20-40-1-2. "Freeway School"

Sec. 2. As used in this chapter, "freeway school" has the meaning set forth in IC 20-26-15-2.
[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 1. Funds Established Outside Ic 20-40 › 20-40-1-3. "Freeway School Corporation"

Sec. 3. As used in this chapter, "freeway school corporation" has the meaning set forth in IC 20-26-15-3.
[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 1. Funds Established Outside Ic 20-40 › 20-40-1-4. "Joint Program"

Sec. 4. As used in this chapter, "joint program" has the meaning set forth in IC 20-26-10-1.
[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 1. Funds Established Outside Ic 20-40 › 20-40-1-5. Listing of Funds Established Outside Ic 20-40

Sec. 5. Statutes outside this article that permit or require the establishment of a joint program or fund include the following:
(1) IC 20-26-10-3 (joint program).
(2) IC 20-26-10-8 (joint operations fund).
(3) IC 20-26-10-9 (joint investment fund).
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.163. Amended by P.L.233-2015, SEC.289; P.L.244-2017, SEC.64.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 2. Education Fund › 20-40-2-0.2. "Duab"

Sec. 0.2. As used in this chapter, "DUAB" means the distressed unit appeal board established by IC 6-1.1-20.3-4.
As added by P.L.184-2023, SEC.43 and P.L.236-2023, SEC.149.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 2. Education Fund › 20-40-2-0.3. "Education Fund Transfer Target Percentage"

Sec. 0.3. As used in this chapter, "education fund transfer target percentage" refers to the threshold maximum education fund transfer percentage set forth in section 6 of this chapter.
As added by P.L.161-2019, SEC.3.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 2. Education Fund › 20-40-2-0.5. "Excessive Education Fund Transfer List"

Sec. 0.5. As used in this chapter, "excessive education fund transfer list" refers to the list required by section 6 of this chapter.
As added by P.L.161-2019, SEC.4.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 2. Education Fund › 20-40-2-1. "Fund"

Note: This version of section effective until 7-1-2024. See also following version of this section, effective 7-1-2024.
Sec. 1. As used in this chapter, "fund" refers to a school corporation's education fund established under section 2 of this chapter.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.66.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 2. Education Fund › 20-40-2-1-b. "Fund"

Note: This version of section effective 7-1-2024. See also preceding version of this section, effective until 7-1-2024.
Sec. 1. As used in this chapter, "fund" refers to a school corporation's or, if applicable, a charter school's education fund established under section 2 of this chapter.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.66; P.L.201-2023, SEC.180.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 2. Education Fund › 20-40-2-2. Establishment of Education Fund

Note: This version of section effective until 7-1-2024. See also following version of this section, effective 7-1-2024.
Sec. 2. The governing body of each school corporation shall establish an education fund for the payment of expenses that are allocated to student instruction and learning under IC 20-42.5.
[Pre-2006 Recodification Citation: 21-2-11-2 part.]
As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.67.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 2. Education Fund › 20-40-2-2-b. Establishment of Education Fund

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 governing body of each school corporation shall establish an education fund for the payment of expenses that are allocated to student instruction and learning under IC 20-42.5.
(b) The governing body of a charter school that receives a distribution of revenue received from a tax levy under IC 20-46-8-11.2 shall establish an education fund for the payment of expenses that are allocated to student instruction and learning under IC 20-42.5.
[Pre-2006 Recodification Citation: 21-2-11-2 part.]
As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.67; P.L.201-2023, SEC.181.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 2. Education Fund › 20-40-2-3. Source of Fund Balances; Required Use of Fund

Sec. 3. Distributions of tuition support shall be received in the education fund.
[Pre-2006 Recodification Citation: 21-2-11-2 part.]
As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.68.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 2. Education Fund › 20-40-2-4. Education Fund; Limited to Student Instruction and Learning

Note: This version of section effective until 7-1-2024. See also following version of this section, effective 7-1-2024.
Sec. 4. Except as provided in IC 36-1-8-5.1 (school corporation rainy day fund), the education fund shall be used only to pay for expenses allocated to student instruction and learning under IC 20-42.5. The fund may not be used to pay directly any expenses that are not allocated to student instruction and learning under IC 20-42.5 or expenses permitted to be paid from the school corporation's operations fund.
[Pre-2006 Recodification Citation: 21-2-11-4(a) part.]
As added by P.L.2-2006, SEC.163. Amended by P.L.145-2012, SEC.24; P.L.257-2013, SEC.36; P.L.244-2017, SEC.69; P.L.140-2018, SEC.12.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 2. Education Fund › 20-40-2-4-b. Education Fund; Limited to Student Instruction and Learning

Note: This version of section effective 7-1-2024. See also preceding version of this section, effective until 7-1-2024.
Sec. 4. Except as provided in IC 36-1-8-5.1 (school corporation rainy day fund), the education fund of the school corporation or, if applicable, a charter school, shall be used only to pay for expenses allocated to student instruction and learning under IC 20-42.5. The fund may not be used to pay directly any expenses that are not allocated to student instruction and learning under IC 20-42.5 or expenses permitted to be paid from the school corporation's or charter school's operations fund.
[Pre-2006 Recodification Citation: 21-2-11-4(a) part.]
As added by P.L.2-2006, SEC.163. Amended by P.L.145-2012, SEC.24; P.L.257-2013, SEC.36; P.L.244-2017, SEC.69; P.L.140-2018, SEC.12; P.L.201-2023, SEC.182.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 2. Education Fund › 20-40-2-5. Payment of Athletic Coaches

Sec. 5. Remuneration for athletic coaches, whether or not the athletic coaches are:
(1) otherwise employed by the school corporation; and
(2) licensed under IC 20-28-4 or IC 20-28-5;
must be budgeted in the education fund and must be paid from the education fund.
[Pre-2006 Recodification Citation: 21-2-11-4(b).]
As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.70.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 2. Education Fund › 20-40-2-6. Transfers From Education Fund to Operations Fund; Transfer Target Percentage; Excessive Education Fund Transfer List

Note: This version of section effective until 7-1-2024. See also following version of this section, effective 7-1-2024.
Sec. 6. (a) Each school corporation shall make every reasonable effort to transfer not more than fifteen percent (15%) of the total revenue deposited in the school corporation's education fund from the school corporation's education fund to the school corporation's operations fund during a calendar year.
(b) Only after the transfer is authorized by the governing body in a public meeting with public notice, money in the education fund may be transferred to the operations fund to cover expenditures that are not allocated to student instruction and learning under IC 20-42.5. The amount transferred from the education fund to the operations 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.
(c) The report must include information as required by the department and in the form required by the department.
(d) The department must post the report submitted under subsection (b) on the department's Internet web site.
(e) Beginning in 2020, the department shall track for each school corporation transfers from the school corporation's education fund to its operations fund for the preceding six (6) month period. Beginning in 2021, before March 1 of each year, the department shall compile an excessive education fund transfer list comprised of all school corporations that transferred more than fifteen percent (15%) of the total revenue deposited in the school corporation's education fund from the school corporation's education fund to the school corporation's operations fund during the immediately preceding calendar year. A school corporation that is not included on the excessive education fund transfer list is considered to have met the education fund transfer target percentage for the immediately preceding calendar year.
As added by P.L.244-2017, SEC.71. Amended by P.L.161-2019, SEC.5; P.L.139-2022, SEC.19.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 2. Education Fund › 20-40-2-6-b. Transfers From Education Fund to Operations Fund; Transfer Target Percentage; Excessive Education Fund Transfer List

Note: This version of section effective 7-1-2024. See also preceding version of this section, effective until 7-1-2024.
Sec. 6. (a) Each school corporation and, if applicable, charter school, shall make every reasonable effort to transfer not more than fifteen percent (15%) of the total revenue deposited in the school corporation's or, if applicable, charter school's, education fund from the school corporation's or, if applicable, charter school's, education fund to the school corporation's or, if applicable, charter school's, operations fund during a calendar year.
(b) Only after the transfer is authorized by the governing body in a public meeting with public notice, money in the education fund may be transferred to the operations fund to cover expenditures that are not allocated to student instruction and learning under IC 20-42.5. The amount transferred from the education fund to the operations 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.
(c) The report must include information as required by the department and in the form required by the department.
(d) The department must post the report submitted under subsection (b) on the department's website.
(e) Beginning in 2020, the department shall track for each school corporation or, if applicable, charter school, transfers from the school corporation's or, if applicable, charter school's, education fund to its operations fund for the preceding six (6) month period. Beginning in 2021, before March 1 of each year, the department shall compile an excessive education fund transfer list comprised of all school corporations or, if applicable, charter schools, that transferred more than fifteen percent (15%) of the total revenue deposited in the school corporation's or, if applicable, charter school's, education fund from the school corporation's or, if applicable, charter school's, education fund to the school corporation's or, if applicable, charter school's, operations fund during the immediately preceding calendar year. A school corporation or, if applicable, charter school, that is not included on the excessive education fund transfer list is considered to have met the education fund transfer target percentage for the immediately preceding calendar year.
As added by P.L.244-2017, SEC.71. Amended by P.L.161-2019, SEC.5; P.L.139-2022, SEC.19; P.L.201-2023, SEC.183.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 2. Education Fund › 20-40-2-7. Transfers to Closeout General Fund

Sec. 7. (a) On January 1, 2019, the balance, as of December 31, 2018, in the school corporation's general fund shall be transferred to the education fund.
(b) Before March 1, 2019, the governing body of a school corporation may transfer to the school corporation's operations fund, from the amounts transferred from the school corporation's general fund under subsection (a), any amounts that are not allocated to student instruction and learning under IC 20-42.5. A school corporation may make a transfer under this section only after complying with section 6 of this chapter, including the requirements for public notice and a public hearing.
As added by P.L.244-2017, SEC.72.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 2. Education Fund › 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 division of finance of the department shall be available to consult with and provide technical assistance to each school corporation that is included on the excessive education fund transfer list required under section 6 of this chapter.
As added by P.L.161-2019, SEC.6.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 2. Education Fund › 20-40-2-9. Excessive Education Fund Transfer List Notice; Receipt of Notice

Sec. 9. (a) For each school corporation included on the excessive education fund transfer list required under section 6 of this chapter, the department shall, not later than April 1 of each year, submit in both a written and an electronic format a notice to the school corporation's superintendent, school business officer, and governing body that the school corporation did not meet its education fund transfer target percentage for the previous calendar year.
(b) If a school corporation's governing body receives a notice from the department under subsection (a), the school corporation shall do all of the following:
(1) Publicly acknowledge receipt of the excessive education fund transfer list notice from the department at the governing body's next public meeting.
(2) Enter into the governing body's official minutes for that meeting acknowledgment of the notice.
(3) Publish on the school corporation's Internet web site the department's notice and any relevant individual reports prepared by the department within thirty (30) days after the public meeting.
As added by P.L.161-2019, SEC.7. Amended by P.L.139-2022, SEC.20.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 3. Referendum Tax Levy Fund › 20-40-3-1. "Fund"

Sec. 1. As used in this chapter, "fund" refers to an operating referendum tax levy fund established under section 3 of this chapter.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.73.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 3. Referendum Tax Levy Fund › 20-40-3-2. "Levy"

Sec. 2. As used in this chapter, "levy" refers to a property tax levy imposed under IC 20-46-1 for the fund.
[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 3. Referendum Tax Levy Fund › 20-40-3-3. Establishment of Fund

Sec. 3. The governing body of each school corporation for which a levy is:
(1) transferred; or
(2) approved;
under IC 20-46-1 shall establish an operating referendum tax levy fund.
[Pre-2006 Recodification Citation: 21-2-11.6-3(a).]
As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.74.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 3. Referendum Tax Levy Fund › 20-40-3-4. Source of Fund Balances

Sec. 4. Property tax collections from a levy shall be deposited in the fund.
[Pre-2006 Recodification Citation: 21-2-11.6-3(c) part.]
As added by P.L.2-2006, SEC.163.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 3. Referendum Tax Levy Fund › 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 for any lawful school expenses, including making a transfer to the school corporation's education fund (IC 20-40-2) or operations fund (IC 20-40-18).
(b) Except as provided in IC 20-46-1-21, a school corporation may distribute proceeds of a tax levy collected under IC 20-46-1 that is transferred to the school corporation's education fund to a charter school, excluding a virtual charter school, that is located within the attendance area of the school corporation.
[Pre-2006 Recodification Citation: 21-2-11.6-3(c) part.]
As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.75; P.L.154-2020, SEC.40; P.L.189-2023, SEC.28.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 4. Repealed

[Pre-2006 Recodification Citations:
20-40-4-1New20-40-4-2New20-40-4-3formerly 21-2-17-1 part20-40-4-4formerly 21-2-17-1 part20-40-4-5formerly 21-2-17-1 part.]
Repealed by P.L.182-2009(ss), SEC.466.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 5. Repealed

[2006 Recodification Citations:
20-40-5-1New20-40-5-2New20-40-5-3New20-40-5-4formerly 6-1.1-19-10(c) part20-40-5-5formerly 6-1.1-19-10(g) part.]
Repealed by P.L.88-2018, SEC.2.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 6. Repealed

[Pre-2006 Recodification Citations:
20-40-6-1formerly 21-2-11.5-2(a) part20-40-6-2formerly New20-40-6-3formerly New20-40-6-4formerly 21-2-11.5-2(a) part20-40-6-5subsection (a) formerly 21-2-11.5-2(a) part; 21-2-11-4(a) part; subsection (b) formerly 21-2-11-4(a) part; subsection (c) formerly 21-2-11.5-2(b)(2) part20-40-6-6subsection (a) formerly 21-2-11.5-2(a) part; subsection (b) formerly 21-2-11.5-2(c); subsection (c) formerly 21-2-11.5-2(d)20-40-6-721-2-11.5-420-40-6-821-2-11.5-6; 21-2-11-4(c); 21-2-15-12(b).]
Repealed by P.L.244-2017, SEC.76.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 7. Repealed

[2006 Recodification Citations:
20-40-7-1New20-40-7-2New20-40-7-3New20-40-7-4New20-40-7-521-2-11.5-2(b) part20-40-7-621-2-11.5-2(b) part20-40-7-721-2-11.5-2(e)20-40-7-821-2-11.5-3.1(e).]
Repealed by P.L.244-2017, SEC.77.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 8. Repealed

[Pre-2006 Recodification Citations:
20-40-8-1formerly 21-2-15-4(a)20-40-8-2formerly 21-2-15-120-40-8-3New20-40-8-4New20-40-8-5New20-40-8-6formerly 21-2-15-4(b)20-40-8-7formerly 21-2-15-12(a)20-40-8-8formerly 21-2-15-920-40-8-9formerly 21-2-15-1420-40-8-10formerly 21-2-15-4(c)20-40-8-11formerly 21-2-15-4(d)20-40-8-12formerly 21-2-15-4(j)20-40-8-13formerly 21-2-15-4(e)20-40-8-14formerly 21-2-15-4(f)20-40-8-15formerly 21-2-15-4(g)20-40-8-16formerly 21-2-15-4(h)20-40-8-17formerly 21-2-15-4(i)20-40-8-18formerly 21-2-15-4(k)20-40-8-19formerly 21-2-15-4(l)20-40-8-20New.]
Repealed by P.L.244-2017, SEC.78.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 9. Debt Service Fund › 20-40-9-1. "Debt Service"

Sec. 1. As used in this chapter, "debt service" includes bonds and coupons, civil bond obligations, lease rental contracts, and interest cost on emergency and temporary loans.
[Pre-2006 Recodification Citations: 21-2-4-2 part; 21-2-4-4 part.]
As added by P.L.2-2006, SEC.163.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 9. Debt Service Fund › 20-40-9-2. "Fund"

Sec. 2. As used in this chapter, "fund" refers to a debt service fund established under section 4 of this chapter.
[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 9. Debt Service Fund › 20-40-9-3. "Levy"

Sec. 3. As used in this chapter, "levy" refers to a debt service levy under IC 20-46-7 for the fund.
[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 9. Debt Service Fund › 20-40-9-4. Establishment of Fund

Sec. 4. The governing body of each school corporation shall establish a debt service fund.
[Pre-2006 Recodification Citation: 21-2-4-2 part.]
As added by P.L.2-2006, SEC.163.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 9. Debt Service Fund › 20-40-9-5. Uses; Required Use of Fund

Sec. 5. Except as otherwise provided by law, all expenditures for debt service must be paid from the fund.
[Pre-2006 Recodification Citation: 21-2-4-4 part.]
As added by P.L.2-2006, SEC.163.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 9. Debt Service Fund › 20-40-9-6. Uses; Payment of Debt and Lease Expenses

Sec. 6. Money in the debt service fund may be used for payment of the following:
(1) All debt and other obligations arising out of funds borrowed or advanced for school buildings when purchased from the proceeds of a bond issue for capital construction.
(2) A lease to provide capital construction.
(3) Interest on emergency and temporary loans.
(4) All debt and other obligations arising out of funds borrowed or advanced for the purchase or lease of school buses when purchased or leased from the proceeds of a bond issue, or from money obtained from a loan made under IC 20-27-4-5, for that purpose.
(5) All debt and other obligations arising out of funds borrowed to pay judgments against the school corporation.
(6) All debt and other obligations arising out of funds borrowed to purchase equipment.
[Pre-2006 Recodification Citation: 21-2-4-2 part.]
As added by P.L.2-2006, SEC.163. Amended by P.L.257-2013, SEC.38; P.L.85-2017, SEC.82; P.L.244-2017, SEC.80.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 9. Debt Service Fund › 20-40-9-7. Use of Money

Sec. 7. Money in the fund may not be used for payment of debt service, lease payments, or similar obligations for a controlled project that is approved by the voters in a referendum under IC 6-1.1-20.
[Pre-2006 Recodification Citations: subsection (a) formerly 21-2-4-2(7); subsection (b) formerly 21-2-4-2 part.]
As added by P.L.2-2006, SEC.163. Amended by P.L.286-2013, SEC.118; P.L.244-2017, SEC.81; P.L.140-2018, SEC.14; P.L.201-2023, SEC.184.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 9. Debt Service Fund › 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 entered into under IC 21-5-11 (before its repeal), IC 20-47-2, IC 21-5-12 (before its repeal), or IC 20-47-3 may be paid by a school corporation from the debt service fund.
(b) Payments described in subsection (a) must be provided for in the annual budget for the fund from which the payment is made.
(c) The payment of lease rental obligations from the education fund is prohibited.
[Pre-2006 Recodification Citation: 21-5-8-1.]
As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.82.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 9. Debt Service Fund › 20-40-9-9. Uses; Community School Corporations

Sec. 9. Money in the fund may be used to pay lease rental obligations, school bonds and coupons, and civil bond obligations assumed by school corporations reorganized under IC 20-23-4.
[Pre-2006 Recodification Citation: 21-2-4-2 part.]
As added by P.L.2-2006, SEC.163.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 9. Debt Service Fund › 20-40-9-10. Limitation on Payment of Principal; Emergency and Temporary Loans

Sec. 10. (a) Except as otherwise provided by law, a school corporation may not pay from the fund the principal of emergency and temporary loans obtained for the benefit of any other fund.
(b) Except as provided in IC 20-48-1-7 and IC 20-48-1-9, payment of interest on emergency and temporary loans must be received in and disbursed from the fund.
[Pre-2006 Recodification Citation: 21-2-4-2 part.]
As added by P.L.2-2006, SEC.163.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 9. Debt Service Fund › 20-40-9-11. Uses; Principal and Interest; State Advance

Sec. 11. An amount equal to deductions made or to be made in the current year for the payment of principal and interest on an advancement from any state fund (including the common school fund and the veterans memorial school construction fund) may be included in debt service and appropriated and paid to the education fund.
[Pre-2006 Recodification Citation: 21-2-4-5.]
As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.83.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 10. Levy Excess Fund › 20-40-10-1. "Fund"

Sec. 1. As used in this chapter, "fund" refers to a levy excess fund established under section 2 of this chapter.
[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 10. Levy Excess Fund › 20-40-10-2. Establishment of Fund

Sec. 2. Each corporation shall establish a levy excess fund for purposes of IC 20-44-3.
[Pre-2006 Recodification Citation: 6-1.1-19-1.7(b) part.]
As added by P.L.2-2006, SEC.163.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 10. Levy Excess Fund › 20-40-10-3. Investments

Sec. 3. The chief fiscal officer of a school corporation may invest money in the school corporation's fund in the same manner in which money in the school corporation's education fund or operations fund may be invested. However, any income derived from investment of the money shall be deposited in and becomes a part of the fund.
[Pre-2006 Recodification Citation: 6-1.1-19-1.7(c).]
As added by P.L.2-2006, SEC.163. Amended by P.L.238-2019, SEC.11.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 11. Repealed

[2006 Recodification Citations:
20-40-11-1formerly New20-40-11-2formerly 21-2-5.5-120-40-11-3formerly 21-2-5.5-320-40-11-4formerly 21-2-5.5-2 part20-40-11-5formerly 21-2-5.5-2 part20-40-11-6formerly 21-2-5.5-2 part20-40-11-7formerly 21-2-5.5-2 part20-40-11-8formerly 21-2-5.5-2 part20-40-11-9formerly 21-2-5.5-2 part20-40-11-10formerly 21-2-5.5-2 part20-40-11-11formerly 21-2-5.5-420-40-11-12formerly 21-2-5.5-5.]
Repealed by P.L.244-2017, SEC.84.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 12. Self-Insurance Fund › 20-40-12-1. "Fund"

Sec. 1. As used in this chapter, "fund" refers to a self-insurance fund established under section 4 of this chapter.
[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 12. Self-Insurance Fund › 20-40-12-2. "Health Care Services"

Sec. 2. As used in this chapter, "health care services" has the meaning set forth in IC 27-8-11-1.
[Pre-2006 Recodification Citation: 21-2-19-1.]
As added by P.L.2-2006, SEC.163.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 12. Self-Insurance Fund › 20-40-12-3. "Self-Insurance Program"

Sec. 3. As used in this chapter, "self-insurance program" means a program of self-insurance established or maintained by a governing body to provide coverage for health care services to a school corporation's employees and the employees' dependents.
[Pre-2006 Recodification Citation: 21-2-19-2.]
As added by P.L.2-2006, SEC.163.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 12. Self-Insurance Fund › 20-40-12-4. Establishment of Fund

Sec. 4. The governing body of each school corporation:
(1) may establish a self-insurance fund in accordance with this chapter for the purposes described in:
(A) section 5(1) through 5(3) of this chapter; and
(B) section 5(4) of this chapter as section 5(4) of this chapter applies to governing body or school employee coverage other than coverage for health care services; and
(2) shall, if the governing body elects to provide a self-insurance program to cover health care services, establish a self-insurance fund for the purposes described in section 5(4) of this chapter as section 5(4) of this chapter applies to health care services.
[Pre-2006 Recodification Citation: 21-2-5.6-1 part.]
As added by P.L.2-2006, SEC.163.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 12. Self-Insurance Fund › 20-40-12-5. Uses

Sec. 5. The fund may be used to provide money for the following purposes:
(1) The payment of a judgment rendered against the school corporation, or rendered against an officer or employee of the school corporation for which the school corporation is liable under IC 34-13-2, IC 34-13-3, or IC 34-13-4 (or IC 34-4-16.5, IC 34-4-16.6, or IC 34-4-16.7 before their repeal).
(2) The payment of a claim or settlement for which the school corporation is liable under IC 34-13-2, IC 34-13-3, or IC 34-13-4 (or IC 34-4-16.5, IC 34-4-16.6, or IC 34-4-16.7 before their repeal).
(3) The payment of a premium, management fee, claim, or settlement for which the school corporation is liable under a federal or state statute, including IC 22-3 and IC 22-4.
(4) The payment of a settlement or claim for which insurance coverage is permitted under IC 20-26-5-4(a)(15).
[Pre-2006 Recodification Citation: 21-2-5.6-2.]
As added by P.L.2-2006, SEC.163. Amended by P.L.233-2015, SEC.290; P.L.118-2016, SEC.15.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 12. Self-Insurance Fund › 20-40-12-6. Transfers to Fund

Sec. 6. Subject to the approval of the commissioner of insurance, the governing body of the school corporation may:
(1) transfer to the fund an amount of money in the education fund or operations fund budget in accordance with the categories of expenditures established under IC 20-42.5-3;
(2) transfer money from the education fund or operations fund in accordance with the categories of expenditures established under IC 20-42.5-3 to the fund;
(3) appropriate money from the education fund or operations fund in accordance with the categories of expenditures established under IC 20-42.5-3 for the fund; or
(4) transfer money from the operations fund to the fund, to the extent that money in the operations fund may be used for property or casualty insurance.
[Pre-2006 Recodification Citation: 21-2-5.6-3.]
As added by P.L.2-2006, SEC.163. Amended by P.L.146-2008, SEC.479; P.L.238-2019, SEC.12.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 12. Self-Insurance Fund › 20-40-12-7. Balance; Nonreverting

Sec. 7. Any balance remaining in the fund at the end of the year does not revert to the general fund.
[Pre-2006 Recodification Citation: 21-2-5.6-4.]
As added by P.L.2-2006, SEC.163.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 12. Self-Insurance Fund › 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 notwithstanding any other law, a self-insurance program must comply with this chapter.
[Pre-2006 Recodification Citation: 21-2-19-3.]
As added by P.L.2-2006, SEC.163. Amended by P.L.233-2015, SEC.291; P.L.118-2016, SEC.16.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 12. Self-Insurance Fund › 20-40-12-9. Appeals

Sec. 9. (a) A self-insurance program must provide for appeals to a review panel to:
(1) hear complaints; and
(2) resolve concerns;
regarding issues related to coverage, coverage discrimination, and access under the self-insurance program.
(b) The composition of the review panel under subsection (a):
(1) must reflect the populations covered under the self-insurance program;
(2) may include a member representative of each covered population; and
(3) must maintain a balance of administration and nonadministration members.
(c) Self-insurance program documents provided to individuals covered under the self-insurance program must specify the appeal process, including the name, address, and telephone number of the individual with whom an appeal may be filed.
[Pre-2006 Recodification Citation: 21-2-19-4.]
As added by P.L.2-2006, SEC.163.
2023 Indiana Code › Title 20. Education › Article 40. Government Funds and Accounts › Chapter 12. Self-Insurance Fund › 20-40-12-10. Incurred Claim Basis

Sec. 10. (a) A self-insurance program must be written on an incurred claims basis.
(b) The governing body must fund a self-insurance program as described in section 4(2) of this chapter to include coverage for all eligible incurred claims.
(c) Subject to this chapter and notwithstanding any other law:
(1) contributions made on behalf of individuals covered under the self-insurance program, including employee and employer contributions; and
(2) transfers or allocations of funds by a governing body;
for coverage for health care services under a self-insurance program must be directly deposited into the fund and may not be transferred to other accounts or expended for any other purpose.
[Pre-2006 Recodification Citation: 21-2-19-5.]
As added by P.L.2-2006, SEC.163.