Indiana § 20-43-2-4 Calculation of reduction amount

Indiana Statutes

§ 20-43-2-4 — Calculation of reduction amount

Indiana § 20-43-2-4

Title 20EDUCATION

Art. 43STATE TUITION SUPPORT

Ch. 2Maximum State Distribution

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Bluebook

Ind. Code § 20-43-2-4 (2026).

Text

The amount of the reduction for a particular
school corporation under section 2 of this chapter is equal to the total
amount of the excess determined under section 2 of this chapter
multiplied by a fraction. The numerator of the fraction is the amount of
the distribution for state tuition support that the school corporation
would have received if a reduction were not made under this section.
The denominator of the fraction is the total amount that would be
distributed for state tuition support to all school corporations if a
reduction were not made under this section.
[Pre-2006 Recodification Citation: 21-3-1.7-9(b)
part.]

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The amount of the reduction for a particular
school corporation under section 2 of this chapter is equal to the total
amount of the excess determined under section 2 of this chapter
multiplied by a fraction. The numerator of the fraction is the amount of
the distribution for state tuition support that the school corporation
would have received if a reduction were not made under this section.
The denominator of the fraction is the total amount that would be
distributed for state tuition support to all school corporations if a
reduction were not made under this section.
[Pre-2006 Recodification Citation: 21-3-1.7-9(b)
part.]