Indiana Statutes

§ 20-45-8-25 — Distribution to school corporations

Indiana § 20-45-8-25
JurisdictionIndiana
Title 20EDUCATION
Art. 45GENERAL FUND LEVIES
Ch. 8Supplemental County Levy; Dearborn County

This text of Indiana § 20-45-8-25 (Distribution to school corporations) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 20-45-8-25 (2026).

Text

(a)The money received into the fund in any calendar year shall be paid to the qualified school corporations in accordance with their entitlements, determined in the immediately preceding calendar year, in the same manner as other tax distributions.
(b)A qualified school corporation has the same rights to advance payments of a distribution from the fund as the qualified school corporation's right to advance payments of other property taxes.
(c)If the tax receipts in the county school distribution fund in any calendar year are less than the total of the entitlements for any reason, on account of delinquencies in collection or otherwise, each entitlement shall be reduced in the same percentage so that the entire fund is exhausted.
(d)If the tax receipts in any calendar year are more than

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Legislative History

As added by P.L.2-2006, SEC.168.

Nearby Sections

15
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Bluebook (online)
Indiana § 20-45-8-25, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/20-45-8-25.