INDIANAPOLIS — A temporary fix is in the making for school districts losing millions in transportation funds, but only the hardest hit may see relief. On Thursday, the Senate Appropriations Committee unanimously passed a bill to essentially stall for three years a new law that requires schools to pay off their debts before spending money on school buses and big-ticket projects. The Senate bill would apply to fewer than 60 school districts — those set to lose at least 20 percent of their funds for transportation and capital project due to the new “protected levy” law.
Posted on: Sun, 26 Jan 2014 21:41:12 +0000