Section 511IAC12-2-2. Reimbursement; formula

Latest version.

(a) The department shall reimburse school corporations for approved summer school classes in accordance with the following formula:

(1) the amount expended for the instructional costs of approved programs; multiplied by

(2) 1.05;

(3) reduced proportionately if the appropriation is insufficient to fund all approved programs at one hundred percent (100%).

(b) Instructional costs include only teacher salaries and teacher aide wages. (Indiana State Board of Education; 511 IAC 12-2-2; filed Dec 2, 1987, 11:15 am: 11 IR 1267; readopted filed Oct 12, 2001, 12:55 p.m.: 25 IR 937; readopted filed Nov 20, 2007, 11:36 a.m.: 20071219-IR-511070386RFA; readopted filed Dec 2, 2013, 3:26 p.m.: 20140101-IR-511130419RFA)

                    
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