Sec. 6. (a) At a factfinding hearing under section 5 of this chapter, the department of local government finance shall determine the following:

(1) Whether the township school has made all payments required by any statute, including the following:

Terms Used In Indiana Code 20-23-9-6

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • annexing corporation: refers to a school corporation that has annexed all or part of any territory of a township school. See Indiana Code 20-23-9-1
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Statute: A law passed by a legislature.
  • township: refers to a township where any part of a township school was located. See Indiana Code 20-23-9-2
  • township school: refers to :

    Indiana Code 20-23-9-3

(A) P.L.32-1999.

(B) IC 20-23-5-12.

(C) The resolution or plan of annexation of the township school, including:

(i) any amendment to the resolution or plan;

(ii) any supporting or related documents; and

(iii) any agreement between the township school and an annexing corporation relating to the winding up of affairs of the township school.

(2) The amount, if any, by which the township school is in arrears on any payment described in subdivision (1).

(3) Whether the township school has filed with the department of local government finance all reports concerning the affairs of the township school, including all transfer tuition reports required for the two (2) school years immediately preceding the date on which the township school was annexed.

     (b) In determining the amount of arrears under subsection (a)(2), the department of local government finance shall consider all amounts due to an annexing corporation, including the following:

(1) Any transfer tuition payments due to the annexing corporation.

(2) All levies, excise tax distributions, and state distributions received by the township school and due to the annexing corporation, including levies and distributions received by the township school after the date on which the township school was annexed.

(3) All excessive levies that the township school agreed to impose and pay to an annexing corporation but failed to impose.

     (c) If, in a hearing under this section, the department of local government finance determines that a township school has:

(1) under subsection (a)(1), failed to make a required payment; or

(2) under subsection (a)(3), failed to file a required report;

the department may act under section 7 of this chapter.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-4-57-7.]

As added by P.L.1-2005, SEC.7. Amended by P.L.231-2005, SEC.24; P.L.182-2009(ss), SEC.312.