Legislative Documents

Board braces for legislative changes (03/21/08)
North Putnam Community School Corporation (NPCSC) Board members heard a brief report from Superintendent Murray Pride about legislative changes coming to school funding via House Bill 1001. The key elements include reductions in property tax money from $120 million to $70 million in 2010, the state taking over corporations general funds, the eventual establishment of a rainy day fund of $400 million, a capitol projects cap for elementary and high schools, a budget calendar change in 2010 to July to June instead of the current January to December.. ...