Indiana’s School Funding Formula Impact Study for 2003

Client: Indiana School Finance Issue Group
Term: January 2004–June 2005

The 2003 Impact study examines changes in student enrollment from 1993 to 2003 in Indiana public schools. Changes in student enrollment is one of the critical factors that produce changes in the amount of dollars a school corporation receives. The study reports on changes in per-pupil funding from 1993 to 2003, with projected values up to 2005. Changes in the proportion of state and local dollars for general education operations are reported, along with variations in General Fund property tax rates and degree of tax effort across corporations. The steadily declining relationship between a school corporation's property wealth and general education dollars, on a per-pupil basis, is also reported.

1/04—Indiana’s School Funding Formula Impact Study for 2003