Conditions; levy in excess of advertised levy

Ind. Code § 20-46-7-5, under Chapter 7. Debt Service Levy.

Ind. Code § 20-46-7-5

Sec. 5. If the advertised levy is insufficient to produce revenue to meet all obligations for any calendar year, the department of local government finance may establish a levy greater than advertised if necessary to meet the school corporation's obligations. [Pre-2006 Recodification Citation: 21-2-4-3 part.] As added by P.L.2-2006, SEC.169.