Sec. 19. (a) The DUAB may do the following each year:

(1) Review the fiscal and qualitative indicators used under this chapter to evaluate the financial condition of school corporations.

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Terms Used In Indiana Code 20-19-7-19

(2) Determine if it is appropriate to change one (1) or more of the fiscal and qualitative indicators.

     (b) Before the DUAB may change a fiscal or qualitative indicator, the DUAB must first submit a report in an electronic format to the state budget committee specifying the proposed change in the fiscal or qualitative indicator.

As added by P.L.213-2018(ss), SEC.15. Amended by P.L.184-2023, SEC.29; P.L.236-2023, SEC.147.