Indiana Statutes

§ 20-40-18-5 — Limitations on uses

Indiana·Title 20 EDUCATION·Art. 40 GOVERNMENT FUNDS AND ACCOUNTS·Ch. 18 School Corporation Operations Fund

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 36-10-1

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Legislative History

As added by P.L.244-2017, SEC.86.

Nearby Sections

15
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