Fiscal and Qualitative Indicators Committee Is Established; Duties; Members

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Sec. 3. (a) The fiscal and qualitative indicators committee is established to make the following determinations:

(1) The determination of the fiscal and qualitative indicators to be used for evaluating the financial condition of each school corporation.

(2) The determination of the information that is to be presented on the DUAB's Internet website or the management performance hub's Internet web site in accordance with section 5(c) of this chapter.

(3) The determination of how frequently to update:

(A) the fiscal and qualitative indicators being used to evaluate the financial condition of school corporations; and

(B) the presentation of information on the DUAB's Internet web site or the management performance hub's Internet web site in accordance with section 5(c) of this chapter.

(b) The members of the committee must be employees of, and appointed by, each of the following:

(1) The DUAB.

(2) The department of education.

(3) The budget agency.

(4) The state board of accounts.

(5) The department of local government finance.

(6) The management performance hub.

In addition, a member of the Indiana Association of School Business Officials appointed by the Association's board of directors is a member of the committee.

(c) The member appointed by the DUAB is the chairperson of the committee.

(d) Members serve at the pleasure of the appointing authority.

As added by P.L.213-2018(ss), SEC.15.


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