Governor Pence signs new $31 billion Indiana budget plan - Tri-State News, Weather & Sports

Governor Pence signs new $31 billion Indiana budget plan

Gov. Pence signs budget bill (Source: Governor's Office) Gov. Pence signs budget bill (Source: Governor's Office)
LEBANON, IN (AP) -

Gov. Mike Pence has signed the new state budget plan that includes a modest increase in school funding, along with significant shifts in how that money is distributed.

The new two-year state spending plan was approved by the General Assembly last week. Slightly more than half of the $31 billion budget goes toward K-12 education, with funding going up 2.3 percent each year.

Pence signed the budget bill Thursday afternoon at Perry-Worth Elementary School in Lebanon.

A key push by Republicans in the spending plan was to shift money from many shrinking urban and rural school districts to those in growing suburban communities.

Democrats calculate about a third of Indiana's nearly 300 school districts will see funding cuts under the changes and predict hundreds of teacher layoffs around the state.

(Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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