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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