20-45-8-3. “Assessed Valuation”
Sec. 3. As used in this chapter, “assessed valuation” of any qualified school corporation means the net assessed value of its real and taxable personal property adjusted by a percentage factor. This factor shall be computed by the department of local government finance on a townshipwide basis for each township in the qualified county and […]
20-45-8-4. “Board of County Commissioners”
Sec. 4. As used in this chapter, “board of county commissioners” refers to the board of county commissioners of a qualified county. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.168.
20-45-8-5. “County Auditor”
Sec. 5. As used in this chapter, “county auditor” means the county auditor of a qualified county. [Pre-2006 Recodification Citation: 21-2-13-3(c).] As added by P.L.2-2006, SEC.168.
20-45-8-6. “Fund”
Sec. 6. As used in this chapter, “fund” means the county school distribution fund: (1) into which the receipts from the tax must be credited; and (2) from which distribution to a qualified school corporation must be charged. [Pre-2006 Recodification Citation: 21-2-13-3(f).] As added by P.L.2-2006, SEC.168.
20-45-8-7. “Entitlement”
Sec. 7. As used in this chapter, “entitlement” of a qualified school corporation is that part of the fund: (1) to which a qualified school corporation is entitled for any calendar year; and (2) on the basis of which the tax is set under this chapter. [Pre-2006 Recodification Citation: 21-2-13-3(i).] As added by P.L.2-2006, SEC.168.
20-45-8-8. “Paying Qualified School Corporation”
Sec. 8. As used in this chapter, “paying qualified school corporation” means any qualified school corporation in which the tax collected on the assessed valuation of the qualified school corporation exceeds the amount of the entitlement payable to the qualified school corporation under this chapter. [Pre-2006 Recodification Citation: 21-2-13-3(k).] As added by P.L.2-2006, SEC.168.
20-45-8-9. “Qualified County”
Sec. 9. As used in this chapter, “qualified county” refers to Dearborn County. The term includes any area attached to Dearborn County for school purposes. [Pre-2006 Recodification Citation: 21-2-13-3(b).] As added by P.L.2-2006, SEC.168.
20-45-8-1. Application
Sec. 1. This chapter applies only to Dearborn County. This chapter applies to an area outside Dearborn County to the extent that the area is part of a qualified school corporation. [Pre-2006 Recodification Citation: 21-2-13-3(b).] As added by P.L.2-2006, SEC.168.
20-45-8-14. Establishment of Fund
Sec. 14. A county school distribution fund is established in a qualified county. [Pre-2006 Recodification Citation: 21-2-13-4 part.] As added by P.L.2-2006, SEC.168.
20-45-8-15. Appropriation
Sec. 15. There shall be appropriated from the fund to qualified school corporations, in the manner provided in this chapter, sufficient amounts of money to achieve the purposes of this chapter. [Pre-2006 Recodification Citation: 21-2-13-4 part.] As added by P.L.2-2006, SEC.168.