Indiana § 20-26-11-14 Estimated transfer tuition payments; statements of amount; method of
payment

Indiana Statutes

§ 20-26-11-14 — Estimated transfer tuition payments; statements of amount; method of payment

Indiana·Title 20 EDUCATION·Art. 26 SCHOOL CORPORATIONS: GENERAL·Ch. 11 Legal Settlement and Transfer of Students; Transfer

(a)Not later than March 1, a school corporation shall estimate the:

(1)transfer tuition payments that the school corporation is required to pay for students transferring from the school corporation; and

(2)transfer tuition payments that the school corporation is entitled to receive on behalf of students transferring to the school corporation. A school corporation shall send a preliminary statement of the amount of transfer tuition due to the state agency and to any school corporation that owes transfer tuition to the school corporation.

(b)Not later than October 1 following the end of a school year, a school corporation shall send a final statement of the amount of transfer tuition due to the state agency and to any school corporation that owes transfer tuition to the school corporatio

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(a) Not later than March 1, a school
corporation shall estimate the:
(1) transfer tuition payments that the school corporation is
required to pay for students transferring from the school
corporation; and
(2) transfer tuition payments that the school corporation is entitled
to receive on behalf of students transferring to the school
corporation.
A school corporation shall send a preliminary statement of the amount
of transfer tuition due to the state agency and to any school corporation
that owes transfer tuition to the school corporation.
(b) Not later than October 1 following the end of a school year, a
school corporation shall send a final statement of the amount of transfer
tuition due to the state agency and to any school corporation that owes
transfer tuition to the school corporation.
(c) A statement sent under subsection (a) or (b) must include the
following:
(1) A statement, to the extent known, of all transfer tuition costs
chargeable to the state or school corporation for the school year
ending in the current calendar year.
(2) A statement of any transfer tuition costs chargeable to the state
or school corporation and not previously billed for the school year
ending in the immediately preceding calendar year.
(3) A statement of any transfer tuition costs previously billed to
the state or school corporation and not yet paid.
(d) Transfer tuition for each school year shall be paid by the
transferor corporation or state, if the entity is obligated to pay the
tuition, in not more than four (4) installments. These installments must
be paid not later than October 30, January 10, April 10, and July 10
following the school year in which the obligation is incurred, unless
another schedule is mutually agreed upon.
(e) Payment of operating costs shall be paid from and receipted to
the respective operations funds of the transferor and transferee
corporations. Payment of capital costs shall be made by the transferor
corporation at its discretion from the operations fund or debt service
fund and shall be receipted by the transferee corporation either to the
operations fund or to the debt service fund in the same proportion as
the payments were made from each fund.
[Pre-2005 Elementary and Secondary Education
Recodification Citation: 20-8.1-6.1-9.]

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