For purposes of determining an eligible school corporation's transportation fund maximum levy for 2013, the school corporation will be treated as having a maximum levy for the fund in 2012 that is equal to the amount the school corporation would have had in 2012 if:
(1) the school corporation's maximum levy is recalculated for 2009 to eliminate any loss in its maximum levy for the fund; and
(2) the school corporation is treated as having levied the entire amount of its recalculated maximum levy for the fund in 2009, 2010 and 2011;
as determined by the Department of Local Government Finance.
This is a permanent adjustment in the school corporation's maximum levy for the fund.
http://www.in.gov/dlgf/files/120404_Adjustment_to_Transportation_Fund_Max_Levy.pdf
