Ind. Code § 20-44-2-3

Current through P.L. 171-2024

Section 20-44-2-3 - Duty; rate necessary to pay obligations

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.

IC 20-44-2-3

Pre-2006 Recodification Citation: 20-23-16-4(c).

As added by P.L. 2-2006, SEC.167.