Enrolled Senate Bill (S)

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Sponsored by

DIGEST

Consolidation of school administrative functions. Allows two or more school corporations situated in the same or adjoining counties to consolidate in a manner in which debts or obligations paid by a debt service levy incurred by a school corporation before the new consolidated school corporation comes into existence may be levied only on the taxpayers of the subunit that initially incurred the debt or obligation before consolidation. Provides that each school corporation is considered a subunit of the consolidated school corporation. Provides that the resolution consolidating the school corporations may declare: (1) that administrative functions of each subunit will be Consolidation of school administrative functions. Allows two or more school corporations situated in the same or adjoining counties to consolidate in a manner in which debts or obligations paid by a debt service levy incurred by a school corporation before the new consolidated school corporation comes into existence may be levied only on the taxpayers of the subunit that initially incurred the debt or obligation before consolidation. Provides that each school corporation is considered a subunit of the consolidated school corporation. Provides that the resolution consolidating the school corporations may declare: (1) that administrative functions of each subunit will be consolidated in the proposed consolidated school corporation; and (2) that the name or attendance area of each school within a subunit may remain unchanged after the date the consolidated school corporation comes into existence. Provides that, if two or more school corporations consolidate under the new consolidation provision, the department of local government finance shall set for the consolidated school corporation: (1) new maximum levies, which must equal the sum of the existing maximum levies adjusted for assessed value growth; and (2) a maximum capital projects levy rate. Relocates and amends the provision that provides that 20% of the legal voters residing in the district of any school corporation, jointly with 20% of the legal voters residing in the district of each of one or more other school corporations, may petition the trustees of their respective school corporations to consolidate the school corporations. Provides that the meeting that the governing bodies of the school corporations are required to hold one week after the date of the appearance of the last publication of notice of intention to consolidate must be a public meeting. Amends provisions concerning compensation and vacancies regarding the membership of the governing body after a consolidation. Provides that the governing body must meet to reorganize not more than 15 days after the commencement date of the members' terms of office. ... View more