Indiana Code 20-40-22-8. Distribution amount determination; distributions from the fund
(b) Beginning October 1, 2023, and October 1 each year thereafter, the department shall distribute from the fund to each public school and each accredited nonpublic school from which a reimbursement request was received under IC 20-33-5-9 an amount equal to:
Terms Used In Indiana Code 20-40-22-8
- accredited nonpublic school: means a nonpublic school that:
Indiana Code 20-40-22-1
- 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.
- fund: refers to the curricular materials fund established by section 5 of this chapter. See Indiana Code 20-40-22-3
- public school: means a:
Indiana Code 20-40-22-4
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(2) in the case of:
(A) a public school, the fall count of ADM for the public school; and
(B) an accredited nonpublic school, the number of eligible students for whom a request for reimbursement was submitted under IC 20-33-5-9.
(c) If the total distribution amount from the fund is less than the amount needed to pay the cost of all curricular materials provided and the cost of reimbursements under this chapter, the department shall make distributions from the fund to each public school and each applicable accredited nonpublic school based on the cost of curricular materials per student as determined under section 7 of this chapter on a pro rata basis.
As added by P.L.201-2023, SEC.189.