Aleesia Johnson

The Indianapolis Public Schools board approved Cold Spring School's bid to become an innovation charter school, reversing a previous decision. The board also approved two new innovation schools, Global Prep Academy's second campus and Monarca Academy high school, with changes effective for one year due to contract renewals. Cold Spring will gain additional state funding and take over student services from IPS, while IPS will save over $800,000 annually.

Indianapolis voters will consider a 37-cent-per-$100-assessed-value tax increase this fall to fund city schools, generating $90 million annually. The revenue will split $43.9 million to Indianapolis Public Schools (IPS) and $43.9 million to participating charter schools, aiming to prevent staff cuts and a state takeover, though the district still faces $20 million in future budget reductions.

The Indianapolis Public Education Corporation (IPEC) is considering potential tax increases for Indianapolis schools, with proposed rates ranging from 19 to 55 cents per $100 of assessed value. The decision could impact funding for schools, charter schools, and services, with lower rates risking school closures and higher rates providing stability. Public listening sessions and a June 22 meeting will determine next steps.

The Indianapolis Public Education Corporation (IPEC) is considering options for a potential tax increase, ranging from 19 to 55 cents per $100 of assessed property value. The decision could impact homeowners with annual costs between $169 and $475, depending on the rate approved. A vote on the tax measure is scheduled for June 22, ahead of a July 22 deadline for the ballot question.