Indianapolis Public Schools, Ft. Wayne Community Schools, and Hamilton Southeastern Schools could see millions of dollars freed up for teacher pay increases under a plan proposed by Governor Eric Holcomb during his State of the State address.
The Governor called for the state picking up $140 million in teacher pension payments currently being made by Indiana school districts. By doing so, Holcomb wants school districts to use those dollars to pay teachers more.
According to an analysis done by the Governor’s budget office and state actuaries, IPS would get nearly $2.2 million for teacher pay, Ft. Wayne Schools would have nearly $1.6 million and more than $1.4 million would be available for Hamilton Southeastern schools.
While there is no mandate the dollars actually go towards teacher pay, the Governor says he hopes that is where schools would spend the dollars.
A complete list of the amount schools could receive for teacher pay can be found here.