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Ind. Code § 20-49-4-9

Priority of advances; school building construction programs

Redline — January 1, 2018 → current.View current text →
Current — January 1, 2023
As of January 1, 2018
Sec. 9. Priority of advances for school building construction programs shall be made to school corporations that have the least amount of adjusted assessed valuation (as determined under IC 6-1.1-34-8) per student in ADM. If a program involves a school corporation career and technical education school described in IC 20-37-1-1, the adjusted assessed valuation and current ADM of all those school corporations that are members of the career and technical education school are to be used for making determinations under this section.
Sec. 9. Priority of advances for school building construction programs shall be made to school corporations that have the least amount of assessed valuation per current ADM. If a program involves a school corporation career and technical education school described in IC 20-37-1-1, the assessed valuation and current ADM of all those school corporations that are members of the career and technical education school are to be used for making determinations under this section.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.