IC 20-46-7-4 — Duty; levy
Chapter 7. Debt Service Levy
Bills amending this section
Section text
Sec. 4. (a) The governing body of each school corporation shall establish a levy in every calendar year sufficient to pay all obligations. (b) This subsection applies to a school corporation that consolidates under IC 20-23-6-12.5. The governing body shall establish a levy for each subunit (as defined in IC 20-23-6-0.5) in each calendar year sufficient to pay the debts and obligations that the particular subunit incurred before consolidating with one (1) or more school corporations under IC 20-23-6-12.5.
As added by P.L.2-2006, SEC.169. Amended by P.L.169-2017, SEC.9.
Source: official publisher (2026 edition)