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2017 Indiana Code
TITLE 20. Education
ARTICLE 46. LEVIES OTHER THAN GENERAL FUND LEVIES
CHAPTER 4. School Transportation Levy
20-46-4-8. Use of surplus revenue
Universal Citation: IN Code § 20-46-4-8 (2017)
IC 20-46-4-8 Use of surplus revenue
Note: This version of section effective until 1-1-2019. See also following repeal of this chapter, effective 1-1-2019.
Sec. 8. If the amount levied in a particular year exceeds the amount necessary to cover the costs payable from the fund, the levy in the following year shall be reduced by the amount of surplus money.
[Pre-2006 Recodification Citation: 21-2-11.5-3(c) part.]
As added by P.L.2-2006, SEC.169.
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