Indiana Administrative Code
Title 50 - DEPARTMENT OF LOCAL GOVERNMENT FINANCE
Article 9 - CAPITAL PROJECTS FUND
Rule 1 - Administration of Capital Projects Fund
Section 1-7 - Contingent appropriation approvals

Universal Citation: 50 IN Admin Code 1-7
Current through September 18, 2024

Authority: IC 21-2-15

Affected: IC 21-2-15

Sec. 7.

If the department of education does not issue its approval of a project included in its capital projects fund before the annual hearing on the school corporation's budget by the department of local government finance, the department of local government finance will approve a levy that will result in sufficient funding of the budget appropriation for the project, and will approve that budget appropriation subject to the issuance of a project approval by the department of education. If the department of education does not issue its approval of the project before the department of local government finance's next annual budget hearing, the department of local government finance will apply the revenue to the current capital projects fund budget.

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