Each governing body may annually levy the amount of taxes that:

1. (1) in the judgment of the governing body; and

2. (2) after being made a matter of record in the minutes;

   should be levied to produce income sufficient to conduct and carry on the public schools committed to the governing body.

   [Pre-2006 Recodification Citation: 20-23-16-4(b).]

As added by P.L.2-2006, SEC.167.