Duab Executive Director Report to the State Budget Committee; Identify School Corporations That Demonstrate Signs of Financial Distress; Corrective Action Plan

  1. Law
  2. Indiana Code
  3. Education
  4. State Administration of Elementary and Secondary Education
  5. School Corporation Financial Condition Analysis
  6. Duab Executive Director Report to the State Budget Committee; Identify School Corporations That Demonstrate Signs of Financial Distress; Corrective Action Plan

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Sec. 9. The executive director shall present to the state budget committee a report concerning the processes that will be used by DUAB and the executive director to do the following:

(1) Identify school corporations that demonstrate signs of financial distress.

(2) Determine when a corrective action plan is necessary for a school corporation.

(3) Determine the conditions that must be satisfied before a school corporation:

(A) will no longer be subject to a corrective action plan; and

(B) will be considered as financially healthy.

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


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