This week, the Indiana Senate Republican caucus unveiled our $34.6 billion budget proposal to fund state government for the next two years.
Most importantly, the Senate Republican budget plan is balanced and maintains healthy “rainy day” reserves.
As highlighted in the chart above, the Senate Republican budget also continues Indiana’s track record of putting K-12 education first by devoting over half of General Fund spending to our schools. Total funding for K-12 education would reach over $17 billion – a $775 million increase over the current state budget.
Other highlights of the Senate Republican budget include:
Increasing funding for Teacher Appreciation Grants (TAGs), which are cash stipends that go directly to teachers, to $90 million – a $30 million increase over the last state budget. The Senate budget would specifically support new teachers by directing schools to use at least one-third of their TAGs for teachers with less than five years of experience.
Fully funding the Department of Child Services (DCS) budget request, and requiring DCS to increase payments to families who adopt foster children.
Continuing the fight against the drug abuse by increasing funds for addiction treatment, including low-level criminal offenders, and funding a new State Police drug-testing lab that will help law enforcement better investigate drug crimes.
Providing $75 million to support the expansion of broadband internet access in rural communities.