Skip to main content
Find a Lawyer

Indiana Code Title 20. Education § 20-39-4-5

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 5. (a) Each board of county commissioners, at the May meeting described in section 4 of this chapter, shall prepare a written report that includes the following information for the previous year:

(1) The amount in the funds at the close of the year.

(2) The amount added from sale of land.

(3) The number of acres of unsold congressional township school lands and the approximate value of the lands.

(4) The amount added from fines and forfeitures.

(5) The amount added by the commissioners of the debt service fund.

(6) The amount added from all other sources.

(7) The total amount in the funds.

(8) The amount refunded.

(9) The amount reloaned.

(10) The amount safely invested.

(11) The amount unsafely invested.

(12) The amount uninvested.

(13) The amount of any fund loss.

(14) The amount of interest collected.

(15) The amount of interest delinquent.

(b) The information in the report required by subsection (a) must distinguish between the:

(1) congressional township school fund;  and

(2) county common school fund.

In its report of the interest or revenue derived from the funds, the board of county commissioners shall observe the same distinction.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Indiana Code Title 20. Education § 20-39-4-5 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-20-education/in-code-sect-20-39-4-5/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard