2014 Indiana Code TITLE 20. EDUCATION ARTICLE 43. STATE TUITION SUPPORT CHAPTER 3. GENERAL COMPUTATIONS; AMOUNTS USED IN STATE TUITION SUPPORT CALCULATIONS
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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Repealed
(Repealed by P.L.229-2011, SEC.276.)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Repealed
(Repealed by P.L.1-2010, SEC.156.)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) This subsection applies to the determination of a school
corporation's previous year's revenue for purposes of determining
distributions under this article before July 1, 2013. A school
corporation's previous year revenue equals the amount determined
under STEP TWO of the following formula:
STEP ONE: Determine the school corporation's basic tuition
support actually received for the year that precedes the current
year.
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 (d) or
IC 20-30-2-4.
(b) This subsection applies to the determination of a school
corporation's previous year's revenue for purposes of determining
distributions under this article after June 30, 2013, but before July 1,
2014. A school corporation's previous year revenue equals the
amount determined under STEP THREE of the following formula:
STEP ONE: Determine the school corporation's basic tuition
support actually received for the state fiscal year that precedes
the current state fiscal year.
STEP TWO: After making the following calculations, subtract
the amount determined under clause (H) from the STEP ONE
result:
(A) Subtract one (1) from the school corporation's 2012
complexity index.
(B) Multiply the clause (A) result by the school corporation's
2012 ADM.
(C) Multiply the clause (B) result by four thousand two
hundred eighty dollars ($4,280).
(D) Subtract one (1) from the school corporation's 2013
complexity index.
(E) Multiply the clause (D) result by the school corporation's
2013 ADM.
(F) Multiply the clause (E) result by four thousand four
hundred five dollars ($4,405).
(G) Determine the sum of the clause (C) and clause (F)
results.
(H) Divide the clause (G) result by two (2).
STEP THREE: Subtract from the STEP TWO result an amount
equal to the reduction in the school corporation's state tuition
support under any combination of subsection (d) or
IC 20-30-2-4.
(c) This subsection applies to the determination of a school
corporation's previous year's revenue for purposes of determining
distributions under this article after June 30, 2014. A school
corporation's previous year revenue equals the amount determined
under STEP TWO of the following formula:
STEP ONE: Determine the school corporation's basic tuition
support actually received for the state fiscal year that
immediately precedes the current state fiscal year.
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 (d) or
IC 20-30-2-4.
(d) 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; P.L.205-2013, SEC.273.
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.)
IC 20-43-3-7
Count adjustments and distribution adjustments
Sec. 7. (a) This section applies to distributions under this article
that:
(1) are computed in any part based on a count of students under
IC 20-43-4-2; and
(2) are made after June 30, 2013.
(b) If the state board subsequently adjusts under IC 20-43-4-2 a
count used for a distribution under this article, the department shall
adjust subsequent distributions to the school corporation that are
affected by the adjusted count, on the schedule determined by the
department, to reflect the differences between the distribution that the
school corporation received and the distribution that the school
corporation would have received if the adjusted count had been used.
As added by P.L.205-2013, SEC.274.
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