SB 263

  • Indiana Senate Bill
  • 2023 Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

School corporations and deficit financing.

Abstract

Provides that a school corporation is not considered to be in deficit financing if the sum of the ending respective cash balance on June 30 of the immediately preceding state fiscal year of: (1) the school corporation's rainy day fund; plus (2) the school corporation's education fund; exceeds an amount equal to 25% of the school corporation's most recently adopted annual budget.

Bill Sponsors (1)

Votes


No votes to display

Actions


Jan 11, 2023

Senate

Authored by Senator Ford Jon

Senate

First reading: referred to Committee on Appropriations

  • Reading-1
  • Referral-Committee
appropriations

Bill Text

Bill Text Versions Format
Introduced Senate Bill (S) PDF

Related Documents

Document Format
Fiscal Note: SB0263.01.INTR.FN001 PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Indiana General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.