INDIANAPOLIS (AP) -
Indiana schools arenít being promised much additional money after new
projections showing slower growth in state tax collections.
released Wednesday to legislators projected about $30 million less in tax
revenue than a December report that has been used in preparing the new $34
billion spending plan for the next two years.
Tax revenue is
still expected to grow about 2.5% each year, but a jump in expected Medicaid
expenses means legislators have about $100 million less to work with.
plans have proposed increases between 2% and 2.7% in base school funding.
Republican Senate budget leader Ryan Mishler of Bremen says school funding
will be a top issue as negotiators work to reach a spending agreement by
sometime next week.