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Found General Revenue Funds Could Help Indiana Schools

The discovery of more than $300 million this week in the state budget could help several school corporations and state institutions that are struggling to balance their books. This is the same amount of money that Governor Daniels took out of the budget in 2010.

School Corporations have been coping with budget cuts. Richland-Bean Blossom in Ellettsville, for example, lost $750,000 out of its budget. Those setbacks caused the district to lay off four staff members. Also, last school year six people retired and those positions have been frozen.

“It’s unfortunate it seems to have hurt public education when the money was there and available for some use,” Superintendent Richland-Bean Blossom School Corporation Steven Kain says. “Again, you have to look at it as one time money, so you can’t commit to long term benefits from that money. I hope that the politicians can leave the politics out of it and try to do the right thing by the state with those new found funds.”

Kain is hopeful the money the state discovered this week will trickle down and benefit his district. The money means the state’s budget surplus could be as high as $1.6 billion, which would trigger an automatic taxpayer refund.

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