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.
K-12 education
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]
>> See how your school fares under the new funding base.
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.
Continue reading ‘Budget Brief: K-12 Education Budget Breakdown’
