20-19-7-4. Fiscal and Qualitative Indicators; Factors; State Budget Committee Review
Sec. 4. (a) Subject to review by the state budget committee under section 6 of this chapter, the fiscal and qualitative indicators committee shall determine the fiscal and qualitative indicators to be used for evaluating the financial condition of each school corporation. (b) The fiscal indicators under subsection (a) may include the following factors: Annual […]
20-19-7-20. Duab Duties; Review and Change Policies and Procedures; Report to the State Budget Committee
Sec. 20. (a) The DUAB shall do the following each year: (1) Review policies and procedures adopted under section 8 of this chapter by the DUAB. (2) Determine if it is appropriate to change one (1) or more of those policies and procedures. (b) Before the DUAB may change a policy or procedure adopted under […]
20-19-7-5. Fiscal and Qualitative Indicators; Presentation; Required Information; Publication on Internet; State Budget Committee Review
Sec. 5. (a) Subject to review by the state budget committee under section 6 of this chapter, the fiscal and qualitative indicators committee shall prescribe the presentation of the information of the fiscal and qualitative indicators used under this chapter. (b) The information under subsection (a) must be presented in a manner that accomplishes the […]
20-19-7-6. Fiscal and Qualitative Indicators; Proposed Indicators; State Budget Committee Review
Sec. 6. (a) Before making a final determination under section 4 of this chapter concerning the fiscal and qualitative indicators that will be used for evaluating the financial condition of school corporations, the fiscal and qualitative indicators committee must present a draft of the proposed fiscal and qualitative indicators to the state budget committee for […]
20-19-7-7. Fiscal and Qualitative Indicators; Publication for Each School Corporation on Internet
Sec. 7. The fiscal and qualitative indicators committee shall before January 1, 2019, publish the fiscal and qualitative indicators for each school corporation on the DUAB’s Internet web site or the management performance hub’s Internet web site. As added by P.L.213-2018(ss), SEC.15.
20-19-7-8. Duab Policies and Procedures
Sec. 8. The DUAB shall adopt policies and procedures that will be used by the DUAB to implement this chapter. As added by P.L.213-2018(ss), SEC.15.
20-19-7-9. Duab Executive Director Report to the State Budget Committee; Identify School Corporations That Demonstrate Signs of Financial Distress; Corrective Action Plan
Sec. 9. The executive director shall present to the state budget committee a report concerning the processes that will be used by DUAB and the executive director to do the following: (1) Identify school corporations that demonstrate signs of financial distress. (2) Determine when a corrective action plan is necessary for a school corporation. (3) […]
20-19-7-10. Duab Executive Director Initial Report to Duab Identifying School Corporations That May Need a Corrective Action Plan; Duab Determinations for Contacting School Corporations for an Assessment
Sec. 10. Before June 1, 2019, the executive director shall prepare and submit to the DUAB an initial report identifying those school corporations for which a corrective action plan may be appropriate, based on the fiscal and qualitative indicators. The executive director shall on a schedule determined by the DUAB submit subsequent reports identifying those […]
20-19-7-11. Duab Executive Director Duties; Assessment of School Corporations; School Corporation Cooperation; School Corporation Information
Sec. 11. (a) The executive director shall do the following: (1) Contact the governing body and the superintendent of each school corporation for which the distressed unit appeal board makes a determination under section 10 of this chapter. (2) Carry out an assessment of the financial condition of each school corporation for which the DUAB […]
20-19-7-12. Duab Determination of Whether a Corrective Action Plan Is Necessary
Sec. 12. (a) After reviewing: (1) the assessment of a school corporation’s financial condition made by the executive director under section 11 of this chapter; and (2) the school corporation’s fiscal and qualitative indicators; the DUAB shall make a determination of whether a corrective action plan is necessary for the school corporation. (b) If the […]