Behold, the Budget Breadowns
As Indiana lawmakers begin their budget negotiations in earnest, I figured now would be a good time to do a public service and let you know where the House, Senate and Governor’s Office stand. Here is the bird’s eye view of the budget plans. I have links at the bottom for more specific details. Note, lawmakers will also have to find a few hundred million dollars to trim because of an anticipated revenue shortfall.
Education (General Funding)
- House – Increases funding by $469 million over the next two years. (4.7% increase over the total biennium).
- Senate – Increases funding by $466 million over the next two years.
- Governor – Increases funding by $200 million. (2% in the first year, 1% in the second year)
Education (Complexity Index)
- House – Eliminates “reduced lunch” as a category for determining funding distribution.
- Senate – Uses “public assistance” as main criteria for determining funding distribution.
- Governor – Defers to Legislature
Higher Education
- House – Increases operations funding by $47 million over the next two years. (3.5% total increase)
- Senate – Increases operations funding by $220 million over the next two years.
- Governor – Increases funding by $40 million over the next two years (2% total increase)
Roads/Transportation
- House – $200 million increase for roads over the next two years. $6.5 million for mass transit.
- Senate – $400 million increase over the next two years.
- Governor – $300 million increase over the next 2 years.
Corrections
- House – $94 million in new dollars for operations and diversion. No new money for prison beds.
- Senate – $181 million in new dollars for operations and diversion.
- Governor – $43 million increase over the next two years for operations, $51 million for new beds at Miami and Wabash Valley Correctional Facilities.
Regional Cities Initiative
- House – $20 million over the next two years.
- Senate – $20 million over the next two years.
- Governor – $84 million over the next two years.
Surplus (At the end of the biennium)
- House – $1.850 billion
- Senate – $1.851 billion
- Governor – $1.993 billion
Average Biennial Spending Growth
- House – 2.23%
- Senate – 2.21%
- Governor – 1.34%
A summary of the House Budget Proposal can be found here.
A summary of the Senate Budget Proposal can be found here.
A summary of the Governor’s Budget Proposal can be found here.
State Impact Indiana has analysis of how schools fare under the different funding proposal formulas.
