Indiana § 6-1.1-17-5.6 School corporation resolutions to adopt fiscal year budgets

Indiana Statutes

§ 6-1.1-17-5.6 — School corporation resolutions to adopt fiscal year budgets

Indiana § 6-1.1-17-5.6

Art. 1.1PROPERTY TAXES

Ch. 17Procedures for Fixing and Reviewing Budgets, Tax

This text of Indiana § 6-1.1-17-5.6 (School corporation resolutions to adopt fiscal year budgets) 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 § 6-1.1-17-5.6 (2026).

Text

6.

(a)Each school corporation may elect to adopt a budget under this section that applies from July 1 of the year through June 30 of the following year. In the initial budget adopted by a school corporation under this section, the first six (6) months of that initial budget must be consistent with the last six (6) months of the budget adopted by the school corporation for the calendar year in which the school corporation elects by resolution to begin adopting budgets that correspond to the state fiscal year. A corporation shall submit a copy of the resolution to the department of local government finance and the department of education not more than thirty (30) days after the date the governing body adopts the resolution.

(b)Before April 1 of each year, the officers of the school corpora

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6. (a) Each school corporation may elect to
adopt a budget under this section that applies from July 1 of the year
through June 30 of the following year. In the initial budget adopted by
a school corporation under this section, the first six (6) months of that
initial budget must be consistent with the last six (6) months of the
budget adopted by the school corporation for the calendar year in
which the school corporation elects by resolution to begin adopting
budgets that correspond to the state fiscal year. A corporation shall
submit a copy of the resolution to the department of local government
finance and the department of education not more than thirty (30) days
after the date the governing body adopts the resolution.
(b) Before April 1 of each year, the officers of the school
corporation shall meet to fix the budget for the school corporation for
the ensuing budget year, with notice given by the same officers. The
school corporation shall submit the information described in section
3(a) of this chapter to the department's computer gateway at least ten
(10) days before the meeting required by this subsection in the manner
prescribed by the department. The department shall make this
information available to taxpayers at least ten (10) days before the
public hearing through its computer gateway, and provide a telephone
number through which taxpayers may request mailed copies of a
political subdivision's information under this subsection. However, if
a resolution adopted under subsection (d) is in effect, the officers shall
meet to fix the budget for the ensuing budget year before November 1.
A school corporation that adopts a resolution under subsection (d) shall
submit the information described in section 3(a) of this chapter in the
manner prescribed by that section.
(c) A school corporation that adopts a budget as provided in this
section shall file the budget adopted by the school corporation with the
department of local government finance not later than five (5) business
days after the budget is adopted under subsection (b). The filing with
the department of local government finance must be in a manner
prescribed by the department.
(d) The governing body of the school corporation may adopt a
resolution to cease using a school year budget year and return to using
a calendar year budget year. A resolution adopted under this subsection
must be adopted after January 1 and before July 1. The school
corporation's initial calendar year budget year following the adoption
of a resolution under this subsection begins on January 1 of the year
following the year the resolution is adopted. The first six (6) months of
the initial calendar year budget for the school corporation must be
consistent with the last six (6) months of the final school year budget
fixed by the department of local government finance before the
adoption of a resolution under this subsection.
(e) A resolution adopted under subsection (d) may be rescinded by
a subsequent resolution adopted by the governing body. If the
governing body of the school corporation rescinds a resolution adopted
under subsection (d) and returns to a school year budget year, the
school corporation's initial school year budget year begins on July 1
following the adoption of the rescinding resolution and ends on June
30 of the following year. The first six (6) months of the initial school
year budget for the school corporation must be consistent with the last
six (6) months of the last calendar year budget fixed by the department
of local government finance before the adoption of a rescinding
resolution under this subsection.

Legislative History

As added by P.L.178-2001, SEC.2. Amended by P.L.90-2002, SEC.149; P.L.177-2002, SEC.7; P.L.219-2007, SEC.51; P.L.224-2007, SEC.7; P.L.3-2008, SEC.43; P.L.146-2008, SEC.150; P.L.182-2009(ss), SEC.117; P.L.111-2010, SEC.2; P.L.119-2012, SEC.31; P.L.111-2014, SEC.26; P.L.233-2015, SEC.16; P.L.184-2016, SEC.10; P.L.257-2019, SEC.36; P.L.38-2021, SEC.26.