Brought to you by WBIW News and Network Indiana
Last updated on Friday, May 8, 2015
(LEBANON) - Governor Mike Pence signed the new state budget plan during a ceremony at a central Indiana elementary school.
The new two-year state spending plan was approved by the General Assembly last week. Slightly more than half of the $31 billion budget goes toward K-12 education, with funding going up 2.3 percent each year.
Pence signed the budget bill Thursday afternoon at Perry-Worth Elementary School in Lebanon.
A key push by Republicans in the spending plan was to shift money from many shrinking urban and rural school districts to those in growing suburban communities.
Democrats calculate about a third of Indiana's nearly 300 school districts will see funding cuts under the changes and predict hundreds of teacher layoffs around the state.
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