Indiana Code 20-28-9-28. Requirement to expend percentage of tuition support for teacher compensation; report to the legislative council
(b) If a school corporation determines that the school corporation cannot comply with the requirement under subsection (a) for a particular school year, the school corporation shall apply for a waiver from the department.
Terms Used In Indiana Code 20-28-9-28
- 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.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(d) If, after review, the department determines that the school corporation has exhausted all reasonable efforts in attempting to meet the requirement in subsection (a), the department may grant the school corporation a one (1) year exception from the requirement.
(e) A school corporation that receives a waiver under this section shall work with the department to develop a plan to identify additional cost saving measures and any other steps that may be taken to allow the school corporation to meet the requirement under subsection (a).
(f) A school corporation may not receive more than three (3) waivers under this section.
(g) Before November 1, 2022, and before November 1 of each year thereafter, the department shall submit a report to the legislative council in an electronic format under IC 5-14-6 and the state budget committee that contains information as to:
(1) the percent and amount that each school corporation expended and the statewide total expended for teacher compensation;
(2) the percent and amount that each school corporation expended and statewide total expended for teacher benefits, including health, dental, life insurance, and pension benefits;
(3) whether the school corporation met the requirement set forth in subsection (a); and
(4) whether the school corporation received a waiver under subsection (d).
As added by P.L.165-2021, SEC.156. Amended by P.L.132-2022, SEC.2; P.L.246-2023, SEC.37.