Indiana Code 20-23-9-7. Powers of department after determination; payments
(1) may prohibit a township from:
Terms Used In Indiana Code 20-23-9-7
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- township: refers to a township where any part of a township school was located. See Indiana Code 20-23-9-2
- township school: refers to :
Indiana Code 20-23-9-3
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(B) making a lease or incurring any other contractual obligation calling for an annual outlay by the township exceeding ten thousand dollars ($10,000);
(C) purchasing personal property for a consideration greater than ten thousand dollars ($10,000); and
(D) adopting or advertising a budget, tax levy, or tax rate for any calendar year;
until the township school has made all required payments under section 6(a)(1) of this chapter and filed all required reports under section 6(a)(3) of this chapter; and
(2) shall certify to the treasurer of state the amount of arrears determined under section 6(a)(2) of this chapter.
(b) Upon being notified of the amount of arrears certified under subsection (a)(2), the treasurer of state shall make payments from the funds of state to the extent, but not in excess, of any amounts appropriated by the general assembly for distribution to the township school, deducting the payments from any amount distributed to the township school.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-4-57-8.]
As added by P.L.1-2005, SEC.7. Amended by P.L.182-2009(ss), SEC.313.