Indiana § 20-46-7-11 Approval; factors considered; no authority to review or approve
financing

Indiana Statutes

§ 20-46-7-11 — Approval; factors considered; no authority to review or approve financing

Indiana·Title 20 EDUCATION·Art. 46 LEVIES OTHER THAN GENERAL FUND LEVIES·Ch. 7 Debt Service Levy

(a)The department of local government finance in determining whether to approve or disapprove a school building construction project shall consider the following factors:

(1)The current and proposed square footage of school building space per student.

(2)Enrollment patterns within the school corporation.

(3)The age and condition of the current school facilities.

(4)The cost per square foot of the school building construction project.

(5)The effect that completion of the school building construction project would have on the school corporation's tax rate.

(6)Any other pertinent matter.

(b)The authority of the department of local government finance to determine whether to approve or disapprove a school building construction project does not after June 30, 2008, include the authority

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(a) The department of local government
finance in determining whether to approve or disapprove a school
building construction project shall consider the following factors:
(1) The current and proposed square footage of school building
space per student.
(2) Enrollment patterns within the school corporation.
(3) The age and condition of the current school facilities.
(4) The cost per square foot of the school building construction
project.
(5) The effect that completion of the school building construction
project would have on the school corporation's tax rate.
(6) Any other pertinent matter.
(b) The authority of the department of local government finance to
determine whether to approve or disapprove a school building
construction project does not after June 30, 2008, include the authority
to review or approve the financing of the school building construction
project.
[Pre-2006 Recodification Citation: 6-1.1-19-4.2.]

Indiana § 20-46-7-11 (Approval; factors considered; no authority to review or approve financing) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.