Tag: School Finance

Posted on

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.

Continue reading “2023-2024 Indiana Education and Voucher Funding Summary”
Posted on

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.

Continue reading “2022-2023 Indiana Education and Voucher Funding Summary”
Posted on

Indiana Education Spending

Submitted by Phil on Sat, 04/20/2019 – 07:51

Indiana Education Spending

Here is a fact: from 2009 to 2018 the Tuition Support budget used to pay Indiana’s public and charter school teachers has grown by 13% while inflation has grown by 17%, and the total Indiana General Fund Budget grew by 21%. There is money in the General Fund to bring Education funding up to inflation. Our elected officials made a choice to move money away from public and charter educators and are failing to live up to the responsibility to fund public education they took on in 2009. 

Continue reading “Indiana Education Spending”
Posted on

Indiana’s Schools Deserve Better

Submitted by Phil on Mon, 10/16/2017 – 05:45

“Applying simple solutions to complex problems creates more complex problems.” -Ronald Heifetz

Recently Indiana released the A-F grades for its schools. Each year there is a chance any given school’s ISTEP+ scores and A-F grades may go up or down. This is because ISTEP+ fits statistical models and “regression to the mean” is a real thing. 

Continue reading “Indiana’s Schools Deserve Better”