Section 20-40-19-2 - Sources of revenueThe referendum controlled project tax levy fund shall be used to deposit the following:
(1) Revenue from the school corporation's property tax levy that is imposed as a result of being approved by the voters in a referendum of a controlled project for the school corporation under IC 6-1.1-20.(2) The sum of the following excise tax revenue received for deposit in the fund in the calendar year in which the school year begins:(A) Financial institutions excise tax (IC 6-5.5).(B) Motor vehicle excise taxes (IC 6-6-5).(C) Commercial vehicle excise taxes (IC 6-6-5.5).(D) Boat excise tax (IC 6-6-11).(E) Aircraft license excise tax (IC 6-6-6.5).(3) Allocations of local income taxes to the school corporation under IC 6-3.6, if any.Added by P.L. 244-2017,SEC. 87, eff. 1/1/2019.