By Andrew Pillow
Indiana’s new $32 billion spending plan includes a large amount set aside for education. After a compromise between the House and Senate, Indiana schools are set to receive more funding per pupil. The budget includes a 1.6 percent increase in the per student funding for the first year, and a 1.7 percent increase for the second year.
School choice is the biggest winner in the new education budget. Indiana already has one of the largest private school voucher programs in the country. The new budget will increase it by $20 million which is a 14.6 percent increase over the current amount.
The budget also allows for a boost to the School Scholarship Tax Credit program in the form of a 47 percent increase in the number of tax credits that can be awarded.
Read the full budget here.