Indiana Code - Taxation - Title 6, Section 6-1.1-19-1

Definitions

Sec. 1. As used in this chapter, the following terms have the
following meanings, unless the context clearly requires otherwise:
(a) "School year" means the period of time from July 1 of each
year until June 30 of the following year.
(b) "ADA" means, as to any school corporation, the average
number of pupils in daily attendance in the school corporation,
determined in accordance with the rules and regulations established
by the Indiana state board of education.
(c) "Current ADA" means the most recently determined ADA for
the school corporation in question.
(d) With the exception provided for in section 6(b) of this chapter,
"ADA ratio" means, as to any school corporation, the quotient
resulting from a division of that school corporation's current ADA by
that school corporation's ADA for the school year ending in 1973.
However, in any case in which the quotient is less than one (1), the
ADA ratio for the school corporation is one (1).
(e) "General fund" means the fund that the governing body of
each school corporation is required to establish by IC 21-2-11-2.
(f) With the exceptions provided for in sections 4.4(a)(4), 4.5(c),
6(b), and 6(c) of this chapter, "base tax levy" means the total dollar
amount of the ad valorem tax levy for its general fund that was levied
by a school corporation for taxes collectible in 1973, assuming one
hundred percent (100%) tax collection.
(g) "Excessive tax levy" means a school corporation's general
fund ad valorem property tax levy for a calendar year which exceeds
the maximum general fund ad valorem property tax levy permitted
under section 1.5 of this chapter.
(h) "Normal tax levy" means the total dollar amount of any
general fund ad valorem property tax levy that is made by a school
corporation for a calendar year, and that is not an excessive tax levy.
(i) "Tax control board" means the school property tax control
board established by section 4.1 of this chapter.
(Formerly: Acts 1975, P.L.47, SEC.1.) As amended by Acts 1977(ss),
P.L.3, SEC.1; Acts 1978, P.L.34, SEC.1; Acts 1979, P.L.208, SEC.7;
P.L.20-1984, SEC.2; P.L.1-1991, SEC.39; P.L.1-1993, SEC.30;
P.L.25-1995, SEC.33; P.L.2-1996, SEC.215.

Last modified: May 28, 2006