Indiana § 20-45-8-26 - Budget for operations fund

Full text of Indiana Indiana Code § 20-45-8-26 — Budget for operations fund, with citation guidance and answers to common questions.

§ 20-45-8-26. Budget for operations fund

Sec. 26. Receipts from the fund shall be credited by each qualified school corporation to its operations fund. In making its budget, each qualified school corporation shall take into account its anticipated receipts from the fund. The county auditor, before July 15 of each year, shall certify to each qualified school corporation the amount of its entitlement from the fund to be used in the preparation of its budget. Any qualified school corporation may also appropriate its entitlement by emergency appropriation in the same manner as any property tax receipt.

[Pre-2006 Recodification Citation: 21-2-13-8 part.]

As added by P.L.2-2006, SEC.168. Amended by P.L.244-2017, SEC.95.

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 20-45-8-26

What does Indiana Code § 20-45-8-26 cover?

Section 20-45-8-26 ("Budget for operations fund") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Indiana § 20-45-8-26?

A common citation format is "Indiana Code § 20-45-8-26" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Indiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.

How does Indiana § 20-45-8-26 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.