The information is meant to help schools learn more about how well-prepared students are as they leave high school.
Previously, MCCSC only had enough funding for half-day kindergarten, so parents wanting to enroll their children for the full day had to pay the difference.
Hicks says the drop means less money for local government in places that are primarily financed by property taxes.
Indiana school officials say the state standards are not much better than those enforced with No Child Left Behind.
Monroe County schools say they are considering a "balanced" calendar, which would make school year-round with more frequent breaks.
The bill's author says schools may use the designation as a recruiting tool.
Parents of kindergarten students at Vigo County School Corporation schools received a refund because of a surplus of funds.
The $300 million that is being transferred to Indiana's General Fund could make up for some of the cuts public schools had to make to their budgets.
$3.5 billion in education funding is now in jeopardy as the supercommittee's deadline looms — and the cuts could hurt some Indiana districts harder than others.
WFIU News will be updating this page with more information as it becomes available.