Foundation amount

Ind. Code § 20-43-3-8, under General Computations; Amounts Used in State Tuition Support Calculations.

Ind. Code § 20-43-3-8

Sec. 8. A school corporation's foundation amount is the following: (1) Six thousand nine hundred sixty-seven dollars ($6,967) for the state fiscal year beginning July 1, 2025. (2) Seven thousand seventy-one dollars ($7,071) for the state fiscal year beginning July 1, 2026. As added by P.L.217-2017, SEC.119. Amended by P.L.108-2019, SEC.221; P.L.165-2021, SEC.160; P.L.201-2023, SEC.200; P.L.213-2025, SEC.186.