CHAPTER 2. MAXIMUM STATE DISTRIBUTION
IC 20-43-2
Chapter 2. Maximum State Distribution
IC 20-43-2-1
Distribution schedule; reversions
Sec. 1. The department shall distribute the amount appropriated
by the general assembly for distribution as state tuition support in
accordance with this article. If the appropriations for distribution as
state tuition support are more than required under this article, any
excess shall revert to the state general fund. The appropriations for
state tuition support shall be made each calendar year under a
schedule set by the budget agency and approved by the governor.
However, the schedule must provide:
(1) for at least twelve (12) payments;
(2) that one (1) payment shall be made at least every forty (40)
days; and
(3) the total of the payments in each calendar year must equal
the amount required under this article.
As added by P.L.2-2006, SEC.166. Amended by P.L.146-2008,
SEC.481.
IC 20-43-2-2
Maximum state distribution to school corporations
Sec. 2. The maximum state distribution for a calendar year for all
school corporations for the purposes described in section 3 of this
chapter is:
(1) five billion eight hundred twenty-nine million nine hundred
thousand dollars ($5,829,900,000) in 2009;
(2) six billion five hundred forty-eight million nine hundred
thousand dollars ($6,548,900,000) in 2010; and
(3) six billion five hundred sixty-eight million five hundred
thousand dollars ($6,568,500,000) in 2011.
As added by P.L.2-2006, SEC.166. Amended by P.L.162-2006,
SEC.42; P.L.234-2007, SEC.235; P.L.146-2008, SEC.482;
P.L.182-2009(ss), SEC.329.
IC 20-43-2-3
Reduction in state tuition support
Sec. 3. If the total amount to be distributed:
(1) as basic tuition support;
(2) for academic honors diploma awards;
(3) for primetime distributions;
(4) for special education grants;
(5) for career and technical education grants;
(6) for restoration grants; and
(7) for small school grants;
for a particular year exceeds the maximum state distribution for a
calendar year, the amount to be distributed for state tuition support
under this article to each school corporation during each of the last
six (6) months of the year shall be proportionately reduced so that the
total reductions equal the amount of the excess.
As added by P.L.2-2006, SEC.166. Amended by P.L.162-2006,
SEC.43; P.L.234-2007, SEC.134; P.L.234-2007, SEC.236;
P.L.3-2008, SEC.122; P.L.182-2009(ss), SEC.330.
IC 20-43-2-4
Calculation of reduction amount
Sec. 4. The amount of the reduction for a particular school
corporation under section 3 of this chapter is equal to the total
amount of the excess determined under section 3 of this chapter
multiplied by a fraction. The numerator of the fraction is the amount
of the distribution for state tuition support that the school corporation
would have received if a reduction were not made under this section.
The denominator of the fraction is the total amount that would be
distributed for state tuition support to all school corporations if a
reduction were not made under this section.
As added by P.L.2-2006, SEC.166.
IC 20-43-2-5
Year round school; adjusted distribution
Sec. 5. If a school corporation operates on a twelve (12) month
school year program, as approved by the state superintendent, the
distribution of state support for the program shall be made under an
adjusted formula to be approved by the state superintendent. The
adjustment formula shall grant to each school corporation operating
an approved twelve (12) month school year an amount of money that
must be on the same basis as the distribution for the regular support
program, prorated per diem to reflect the extended school term.
As added by P.L.2-2006, SEC.166.
IC 20-43-2-6
Adult education; transfer to fund obligations
Sec. 6. (a) If money appropriated in a fiscal year by the general
assembly for adult education is insufficient to fund the state adult
education distribution formula provided in the rules adopted by the
state board, the budget agency may transfer a sufficient amount of
money from any excess in the state appropriation for state tuition
support for the fiscal year to fund the state adult education
distribution formula.
(b) Before the budget agency makes a transfer under this section,
the budget agency shall refer the matter to the budget committee for
an advisory recommendation.
As added by P.L.2-2006, SEC.166.
IC 20-43-2-7
Summer school education; transfer to fund obligations
Sec. 7. (a) If the money appropriated in a fiscal year by the
general assembly for summer school education is insufficient to fund
the state summer school distribution formula provided in the rules
adopted by the state board to carry out IC 20-30-7-1, the budget
agency may transfer a sufficient amount of money from any excess
in the state appropriation for state tuition support for the fiscal year
to fund the state summer school distribution formula.
(b) Before the budget agency makes a transfer under this section,
the budget agency shall refer the matter to the budget committee for
an advisory recommendation.
As added by P.L.2-2006, SEC.166.