Cumulative Voucher Program costs since 2017-18

Recently I went back and constructed a spreadsheet that added up each school district’s cost/share of the Voucher Program going back the 2017-18 school year when I started to track this. I added a cumulative cost/share column next to the name of each school district.

The list is sorted by the four digit school id number. You see this number on school busses.

I am protecting the sheet, but believe you can do a search and type in your school district’s name to find it quickly.

The spreadsheet can be found here.

2023-2024 Indiana Education and Voucher Funding Summary

While the overall Indiana General Fund Budget has grown faster than inflation, growth in Indiana’s budget for public school personnel has not. As of October of 2023, the current budget to pay the majority of the personnel in public, charter, and voucher-receiving schools is $232M behind the 2009-10 budget when inflation is taken into account.

All comparisons run from Jan of 2010 to Oct of 2023 unless noted.

The Consumer Price Index (inflation rate) has grown by 41.99%.

The Indiana General Fund (i.e., monies legislators control) has grown by 62.46%, much better than inflation. The state has a lot more money to spend than it did in 2009-10 relative to inflation.

The K-12 Tuition Support Budget has grown by only 38.37%, well behind inflation. The Tuition Support Budget funds nearly all personnel working in public, charter, and voucher-receiving schools.

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2022-2023 Indiana Education and Voucher Funding Summary

While the overall Indiana General Fund Budget has grown faster than inflation, growth in Indiana’s budget for public school personnel has not. As of October of 2022, the current budget for the majority of the personnel in public, charter, and voucher-receiving schools is $590M behind the 2009-10 budget when inflation is taken into account. The current budget, at the time it passed, significantly made up the difference on a year to year basis; however, recent spikes in inflation have eaten those gains.

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