Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TexasTowelie

(117,356 posts)
Sun Mar 18, 2018, 09:49 PM Mar 2018

Hoosier lawmakers approve plan to close school funding shortfall

INDIANAPOLIS — Hoosier lawmakers agreed Wednesday to spend up to $100 million from state reserves to close an education funding gap caused by greater than anticipated enrollment at Indiana public schools.

House Enrolled Act 1001 authorizes the state budget director to transfer $25 million from Indiana's tuition reserve account to cover any state school funding shortfalls in the current academic year, and up to $75 million during the 2018-19 school year.

The extra money is needed because the two-year state budget adopted last April relied on enrollment estimates that undercounted the number of students attending kindergarten through 12th grade classes at Indiana public schools.

Without the fix, schools would have seen slightly reduced per pupil instructional funding later this year. Indiana annually spends $7.1 billion on elementary and high school education.

Read more: http://www.nwitimes.com/news/local/govt-and-politics/hoosier-lawmakers-approve-plan-to-close-school-funding-shortfall/article_a4b7bebb-753a-5cca-a2de-74fa6e769fe6.html

Latest Discussions»Region Forums»Indiana»Hoosier lawmakers approve...