Governor Holcomb's Proposed Budget Bump for K-12 Funding is Disappointingly Low

His budget was released on January 10th, one day after he called for a "world class education" for Hoosiers in his inaugural address at the state fairgrounds. He is likely to say similar things tonight in his State of the State address.

His budget calls for an increase of 1% in the first year, a total increase of $70 million. In dollars, the second year would match the $70 million and then add $140 million, a 2% increase over the first year. Adding $70 million for the first year and then $210 million for the second year makes a total increase of $280 million, a figure featured on the front page of the Indianapolis Star.

While it sounds like a lot of money, it's a figure that doesn't even keep up with inflation in the first year and barely does so in the second year.

The latest annual inflation rate reported by the Bureau of Labor Statistics is 1.7%. The 1% Holcomb proposal is far less than the cost of living increase and would not allow schools to even keep up current programs in 2017-18, let alone correct the teacher compensation problem that has left Indiana with a highly publicized teacher shortage.
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It would appear that Governor Holcomb is not ready to fund a "world class education." We will hope that the House and Senate leaders can do better for public education in their budgets.

It is early in the budget process, and public school advocates need to ask members of the House and the Senate to at least match the 2.3% of the last budget cycle. If legislators want to put a true priority on supporting education, ask them to extend that support to a 3% funding increase each year.

Comparisons to the 2015 Budget
In the 2015 two-year budget, the first year increase was $157 million and the second year increase over that was $160 million. Remember that to maintain the first year increase in the second year, $157 million in new money must be added in. Therefore the two-year increase of new money in the 2015 budget was $157 million for the first year plus $157 million (to match the first year) plus $160 million for the second year, or a total of $474 million in new money.

It's hard to see why we would do less after hearing all the recent reports about how well things are going in Indiana and how we are maintaining a large surplus. Why would our public schools be thrown back into hard times and recession era cutbacks by giving them only a 1% increase?

It is time to call or email your legislators about strong funding for our public schools. Start first with members of the House since the House budget is completed first. The Senate budget is usually unveiled in early April. Let legislators know that the public schools of Indiana need strong and stable funding to implement the high standards that have been set.
(From Vic Smith, Vic’s Notes, Indiana Coalition for Public Education 1/17/17)