Terms Used In Indiana Code > Title 20 > Article 40 > Chapter 2 - Education Fund

• Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
• 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.
• DUAB: means the distressed unit appeal board established by Indiana Code 20-40-2-0.2
• education fund transfer target percentage: refers to the threshold maximum education fund transfer percentage set forth in section 6 of this chapter. See Indiana Code 20-40-2-0.3
• excessive education fund transfer list: refers to the list required by section 6 of this chapter. See Indiana Code 20-40-2-0.5
• 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 a school corporation's education fund established under section 2 of this chapter. See Indiana Code 20-40-2-1
• Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
• Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5