2012 Indiana Code
TITLE 20. EDUCATION
ARTICLE 43. STATE TUITION SUPPORT
CHAPTER 3. GENERAL COMPUTATIONS; AMOUNTS USED IN STATE TUITION SUPPORT CALCULATIONS

IC 20-43-3
Chapter 3. General Computations; Amounts Used in State Tuition Support Calculations

IC 20-43-3-1
Rounding conventions
Sec. 1. If a computation under this article results in a fraction and a rounding rule is not specified, the fraction shall be rounded as follows:
(1) All calculations related to the complexity index shall be computed by rounding to the nearest ten thousandth (0.0001).
(2) All tuition support distributions shall be computed by rounding the levy or tuition support distribution to the nearest dollar ($1) amount.
(3) The fraction calculated in IC 20-43-2-4 shall be computed by rounding to the nearest one millionth (0.000001).
(4) If a calculation is not covered by subdivision (1), (2), or (3), the result of the calculation shall be rounded to the nearest one hundredth (0.01).
As added by P.L.2-2006, SEC.166. Amended by P.L.234-2007, SEC.237; P.L.146-2008, SEC.483.

IC 20-43-3-2
Repealed
(Repealed by P.L.229-2011, SEC.276.)

IC 20-43-3-3
Repealed
(Repealed by P.L.1-2010, SEC.156.)

IC 20-43-3-4
Calculation; previous year revenue
Sec. 4. (a) A school corporation's previous year revenue equals the amount determined under STEP TWO of the following formula:
STEP ONE: Determine the sum of the following:
(A) The school corporation's basic tuition support actually received for the year that precedes the current year.
(B) For 2012, the restoration grant (IC 20-43-12 (repealed)) actually received for 2011.
(C) For 2012, the small school grant (IC 20-43-12.2 (repealed)) actually received for 2011.
STEP TWO: Subtract from the STEP ONE result an amount equal to the reduction in the school corporation's state tuition support under any combination of subsection (b) or IC 20-30-2-4.
(b) A school corporation's previous year revenue must be reduced if:
(1) the school corporation's state tuition support for special education or career and technical education is reduced as a result of a complaint being filed with the department after

December 31, 1988, because the school program overstated the number of children enrolled in special education programs or career and technical education programs; and
(2) the school corporation's previous year revenue has not been reduced under this subsection more than one (1) time because of a given overstatement.
The amount of the reduction equals the amount the school corporation would have received in state tuition support for special education and career and technical education because of the overstatement.
As added by P.L.2-2006, SEC.166. Amended by P.L.234-2007, SEC.135; P.L.234-2007, SEC.238; P.L.3-2008, SEC.123; P.L.146-2008, SEC.485; P.L.182-2009(ss), SEC.331; P.L.229-2011, SEC.206.

IC 20-43-3-5
Repealed
(Repealed by P.L.146-2008, SEC.807.)

IC 20-43-3-6
Repealed
(Repealed by P.L.146-2008, SEC.807.)