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§ 20-40-18-5 — Indiana Law | CourtGPT
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  2. Laws/
  3. Indiana/
  4. Title 20 - Education/
  5. Article 40 - Government Funds and Accounts/
  6. Chapter 18 - School Corporation Operations Fund20-40-18-1. Operations Fund Created/
  7. § 20-40-18-5
Indiana Legal Code

§ 20-40-18-5

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The operations fund may be used only to do the following:(1) Carry out a capital projects plan approved under:(A) IC 20-46-6 (before January 1, 2019); or(B) section 6 of this chapter (after December 31, 2018) for facility expenditures described in section 7 of this chapter.(2) Pay transportation costs described in section 8 of this chapter.(3) Carry out a school bus replacement plan approved under:(A) IC 20-46-5 (before January 1, 2019); or(B) section 9 of this chapter (after December 31, 2018).(4) Pay expenses that are allocated to overhead and operational expenditures or to nonoperational expenditures under IC 20-42.5.(5) Provide funds to an art association or a historical society as provided in IC 36-10-13.(6) Establish, maintain, and equip a public playground under IC 36-10-14.As added by P.L.244-2017, SEC.86.