Indiana Code Title 20. Education § 20-45-8-26

Sec. 26. Receipts from the fund shall be credited by each qualified school corporation to its operations fund.  In making its budget, each qualified school corporation shall take into account its anticipated receipts from the fund.  The county auditor, before July 15 of each year, shall certify to each qualified school corporation the amount of its entitlement from the fund to be used in the preparation of its budget.  Any qualified school corporation may also appropriate its entitlement by emergency appropriation in the same manner as any property tax receipt.