Indiana § 20-44-3-6 Expenditure after appropriation; reduction of maximum levy

Indiana Statutes

§ 20-44-3-6 — Expenditure after appropriation; reduction of maximum levy

Indiana·Title 20 EDUCATION·Art. 44 PROPERTY TAX LEVIES; GENERAL·Ch. 3 Application of Levy Excess to Reduce Property Taxes

Except as provided in section 7 of this chapter,
a school corporation may not spend money in its fund until the
expenditure of the money has been included in a budget that has been
approved by the department of local government finance under IC 6-1.1-17. For purposes of fixing its budget and for purposes of the
property tax levy limits fixed by law, a school corporation shall treat
the money in its fund that the department of local government finance
permits the school corporation to spend during a particular calendar
year as part of the school corporation's property tax levy for that same
calendar year.
[Pre-2006 Recodification Citation: 6-1.1-19-1.7(e).]

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Except as provided in section 7 of this chapter,
a school corporation may not spend money in its fund until the
expenditure of the money has been included in a budget that has been
approved by the department of local government finance under IC 6-1.1-17. For purposes of fixing its budget and for purposes of the
property tax levy limits fixed by law, a school corporation shall treat
the money in its fund that the department of local government finance
permits the school corporation to spend during a particular calendar
year as part of the school corporation's property tax levy for that same
calendar year.
[Pre-2006 Recodification Citation: 6-1.1-19-1.7(e).]

Indiana § 20-44-3-6 (Expenditure after appropriation; reduction of maximum levy) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.