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Indiana · Snapshot 2026

IC 20-40-18-5: Limitations on uses

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Where this section sits in the code
  1. TITLE 20. EDUCATION
  2. ARTICLE 40. GOVERNMENT FUNDS AND ACCOUNTS
  3. Chapter 18. School Corporation Operations Fund

Sec. 5. 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.

Collected 2026-08-01T01:34:30Z. Source file · JSON

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