Due to a variety of factors some schools receive more funding per student than others. The funding amount per student goes down if the same child moves to a charter school or a voucher school.
For example, a second grade student who lives in the Indianapolis Public School District (IPS) would receive approximately $7,058 in state funding if they attend an IPS school, plus local property tax dollars. If that student transferred to a neighboring public school district, MSD of Washington Township, that student would receive approximately $5,950, plus local property tax dollars. If this student enrolled in the Charles A. Tindley Accelerated school (a public charter school in Indianapolis) their funding would drop to approximately $6,034, and if this same student enrolled in a private voucher school, their voucher would be no more than $4,800. If policymakers believe it takes $7,058 to educate this child, shouldn't he/she receive the same level of funding no matter which type of school they attend?
Hoosier children deserve an education that is funded equally no matter what type of school they choose to attend.
Indiana invested nearly $6.8 Billion in K-12 funding during the 2015- 2016 school year and is expected to invest nearly $7 Billion for the 2016- 2017 school year. This represents a nearly $1 Billion increase over the last ten years and is the largest K-12 funding investment in Indiana's history. However, according to the Office of Management and Budget’s latest report, only 58% of K-12 funding ever makes it to the classroom. The rest is spent on overhead costs that have little to do with student learning.
In Indiana, traditional public and public charter schools receive per student state funding. However, traditional public schools also receive 41% of their local property tax dollars to build and maintain buildings, pay utilities, and provide transportation. In 2015, that equated to a total of $2.7 Billion in additional funding, or about $2,758 per student. Public charter schools do not receive any local property tax dollars, which means their limited per student funding from the state must be stretched even further to provide basic services to their students.