2015 Indiana Code TITLE 20. EDUCATION ARTICLE 40. GOVERNMENT FUNDS AND ACCOUNTS CHAPTER 15. SCHOOL TECHNOLOGY FUND
Download as PDF
IC 20-40-15
Chapter 15. School Technology Fund
IC 20-40-15-1
"Fund"
Sec. 1. As used in this chapter, "fund" refers to a school
technology fund established under section 2 of this chapter.
As added by P.L.2-2006, SEC.163.
IC 20-40-15-2
Establishment of fund
Sec. 2. (a) Each school corporation shall establish a school
technology fund.
(b) The fund consists of the following:
(1) Money transferred to the fund under IC 20-40-14-1 or
section 3 or 4 of this chapter.
(2) Other money, as designated by the department.
(c) Property taxes levied by a school corporation for a capital
projects fund may not be transferred to the fund.
As added by P.L.2-2006, SEC.163.
IC 20-40-15-3
Transfers from the general fund
Sec. 3. All money appropriated from the general fund for any of
the purposes described in section 5 of this chapter shall be transferred
from the general fund to the fund.
As added by P.L.2-2006, SEC.163.
IC 20-40-15-4
Transfer of savings from universal service discounts
Sec. 4. (a) As used in this section, "base year" means:
(1) January 1, 1998, through June 30, 1999; or
(2) any subsequent universal service program year for which a
school corporation initially makes an application to the
program.
(b) All money saved by a school corporation as a result of
universal service discounts provided to the school corporation under
the federal Telecommunications Act of 1996 must be transferred to
the fund.
(c) For purposes of this section, the amount of money saved by a
school corporation as a result of universal service discounts during
the base year and any subsequent universal service program year is
equal to:
(1) the sum of all reimbursements in the form of cash or
discounts received or eligible to be received under the universal
service program during the base year; minus
(2) discounts from expenditures made from the debt service and
capital projects funds during the base year for one (1) time costs
Indiana Code 2015
such as new construction or remodeling projects.
As added by P.L.2-2006, SEC.163.
IC 20-40-15-5
Uses
Sec. 5. (a) Except as provided in subsection (b), money in the fund
may be used for one (1) or more of the purposes described in
IC 20-20-13, IC 20-26-15-6(4)(B), or IC 20-40-8-13.
(b) Money in the fund may not be used to purchase software
programs to be used exclusively for administrative purposes, such as
payroll and attendance records, personnel records, administration of
insurance or pension programs, or any other similar purpose.
However, if a particular software program will be used for
administrative purposes and for other purposes described in
subsection (a), a part of the cost of the software program may be paid
from the fund. The part of the cost that may be paid from the fund is
the total cost of the software program multiplied by the estimated
percentage of use of the software program for nonadministrative
purposes.
As added by P.L.2-2006, SEC.163.
IC 20-40-15-6
Repealed
(As added by P.L.2-2006, SEC.163. Amended by P.L.133-2012,
SEC.194. Repealed by P.L.233-2015, SEC.293.)
Indiana Code 2015
Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
