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20-20-13-22. Expenditures for technology in operations fund budget; forfeiture of grant

IN Code § 20-20-13-22 (2019) (N/A)
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Sec. 22. (a) This section applies in a year when a school corporation receives a grant under sections 13 through 24 of this chapter. The school corporation's operations fund budget must include an expenditure for technology that is not less than the school corporation's average annual expenditure for technology from the capital projects fund (before January 1, 2019) and from the education fund (after December 31, 2018) in the six (6) budget years preceding the year of the grant. If the Indiana School for the Blind and Visually Impaired established by IC 20-21-2-1 or the Indiana School for the Deaf established by IC 20-22-2-1 receives a grant under sections 13 through 24 of this chapter, the school's expenditures for technology in the year of the grant must exceed the school's average annual expenditure for technology in the six (6) budget years preceding the year of the grant.

(b) For each year that a school corporation fails to observe subsection (a), the school corporation forfeits a grant under sections 13 through 24 of this chapter. The forfeit of the grant must occur in the first grant year after the school corporation fails to observe subsection (a).

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-10.1-25.3-14.]

As added by P.L.1-2005, SEC.4. Amended by P.L.218-2005, SEC.47; P.L.244-2017, SEC.19.

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20-20-13-22. Expenditures for technology in operations fund budget; forfeiture of grant