Terms Used In Indiana Code > Title 4 > Article 9.1 - State Board of Finance

• Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Autism: means a neurological condition as described in the most recent edition of the Diagnostic and Statistical Manual of Mental Disorders of the American Psychiatric Association. See Indiana Code 1-1-4-5
• Baseline: Projection of the receipts, outlays, and other budget amounts that would ensue in the future without any change in existing policy. Baseline projections are used to gauge the extent to which proposed legislation, if enacted into law, would alter current spending and revenue levels.
• behavioral intervention plan: means a plan that is agreed upon by the case conference committee (as defined in IC 20-35-9-3) and incorporated into a student's individualized education program (as defined in IC 20-18-2-9) and that describes the following:

  Indiana Code 20-20-40-1

• cabinet: refers to the governor's workforce cabinet established by IC 4-3-27-3. See Indiana Code 20-20-38-0.5
• career and technical education: means any secondary level vocational, agricultural, occupational, manpower, employment, or technical training or retraining that:

  Indiana Code 20-20-38-1

• commission: refers to the commission for higher education established by IC 21-18-2-1. See Indiana Code 20-20-38-1.5
• commission: refers to the commission on seclusion and restraint in schools established by section 11 of this chapter. See Indiana Code 20-20-40-3
• Conference committee: A temporary, ad hoc panel composed of conferees from both chamber of a legislature which is formed for the purpose of reconciling differences in legislation that has passed both chambers. Conference committees are usually convened to resolve bicameral differences on major and controversial legislation.
• Contract: A legal written agreement that becomes binding when signed.
• 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.
• employment training: means all programs administered by the following:

  Indiana Code 20-20-38-3

• Escrow: Money given to a third party to be held for payment until certain conditions are met.
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Fiduciary: A trustee, executor, or administrator.
• 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 dropout prevention program fund established by section 3 of this chapter. See Indiana Code 20-20-37-1
• fund: refers to the geothermal conversion revolving fund established by section 3 of this chapter. See Indiana Code 20-20-37.4-1
• geothermal heating and cooling system: means a heating and cooling system that uses the natural temperature of the earth to generate heating and cooling. See Indiana Code 20-20-37.4-2
• Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. ^{Source: OCC}
• Oversight: Committee review of the activities of a Federal agency or program.
• Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
• physical restraint: means physical contact between a school employee and a student:

  Indiana Code 20-20-40-5

• positive behavior intervention and support: means a systematic approach that:

  Indiana Code 20-20-40-6

• program: refers to a dropout prevention program established by a school corporation. See Indiana Code 20-20-37-2
• Property: includes personal and real property. See Indiana Code 1-1-4-5
• Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
• school corporation: includes a charter school that is not a virtual charter school. See Indiana Code 20-20-40-7
• school employee: means an individual employed by a school corporation or a state accredited nonpublic school. See Indiana Code 20-20-40-8
• seclusion: means the confinement of a student alone in a room or area from which the student physically is prevented from leaving. See Indiana Code 20-20-40-9
• Statute: A law passed by a legislature.
• time-out: means a behavior reduction procedure in which access to reinforcement is withdrawn for a certain period of time. See Indiana Code 20-20-40-10
• work based learning course: has the meaning set forth in Indiana Code 20-20-38.5-1
• Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5