The governing body shall annually levy a rate that will produce a sum sufficient to meet all payments of principal and interest as they mature in the year for which the levy is made on the:(1) bonds;(2) notes; or(3) other obligations;of the school corporation.[Pre-2006 Recodification Citation: 20-23-16-4(c).]As added by P.L.2-2006, SEC.167.
Indiana Legal Code