IC 20-40-18-1 — Operations fund created
Chapter 18. School Corporation Operations Fund
Bills amending this section
Section text
Sec. 1. (a) The governing body of each school corporation shall create an operations fund to be used by the school corporation after December 31, 2018. (b) The governing body of each charter school that receives a distribution of revenue received from a tax levy under IC 20-46-8-11.2 or IC 20-46-8-12 shall create an operations fund to be used by the charter school after December 31, 2024.
As added by P.L.244-2017, SEC.86. Amended by P.L.201-2023, SEC.185; P.L.68-2025, SEC.212.
Source: official publisher (2026 edition)