A new series in Budget Briefs, the 2011 Budget Breakdown will explain each piece of the Budget Pie Chart from the state’s largest to smallest category of expenditures.
The most substantial changes during the 2011 legislative session were made in the administration and funding of Indiana’s K-12 schools under the new state budget, House Enrolled Act 1001. The new budget appropriates funding for all state programs and services for fiscal years 2011-2013.
A new funding “base” for K-12 education was established that incorporates the governor’s 2010 $300 million cut as a permanent base reduction. The statewide funding available for K-12 schools was increased 0.5% for CY 2012 and 1% for CY 2013, relative to CY 2010′s new base. The statewide average tuition support per student (for regular programs) is:
- School Fiscal Year 2012 = $6,268 per student [$6,262,800,000/999,124]
- School Fiscal Year 2013 = $6,313 per student [$6,308,700,000/999,279]
Implications of new charter schools, increased funding for virtual charter schools, a new voucher program and several other policies approved this year will result in even fewer dollars available to traditional public schools.