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Terms Used In Indiana Code 20-44-3-1

  • fund: refers to a levy excess fund established under IC 20-40-10-2. See Indiana Code 20-44-3-1
  • levy excess: means that part of the property tax levy actually collected by a school corporation for taxes first due and payable during a particular calendar year that exceeds the school corporation's total levy, as approved by the department of local government finance under Indiana Code 20-44-3-2
   Sec. 1. As used in this chapter, “fund” refers to a levy excess fund established under IC 20-40-10-2.

[2006 Recodification Citation: New.]

As added by P.L.2-2006, SEC.167. Amended by P.L.1-2007, SEC.153.