Indiana Code > Title 20 > Article 24 > Chapter 14 – Charter School Facility Grant Program
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Terms Used In Indiana Code > Title 20 > Article 24 > Chapter 14 - Charter School Facility Grant Program
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- grant: refers to a grant awarded to a charter school under this chapter. See Indiana Code 20-24-14-2
- 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.
- program: refers to the charter school facility grant program established by section 4 of this chapter. See Indiana Code 20-24-14-3