Rep. Dermody lauds announcement to increase K-12 education funding
STATEHOUSE - State Rep. Tom Dermody (R-LaPorte) is lauding a joint announcement made Friday morning by Indiana Governor Mitch Daniels, Speaker of the House Brian Bosma (R-Indianapolis) and Senate President Pro Tempore David Long (R-Fort Wayne) bearing news that Indiana K-12 education funding will be increased by $150 million in the upcoming budget as well as an extension of full-day kindergarten across the state.
Part of the additional funding will go towards providing full-day kindergarten programs at all schools in Indiana as well as an incentive fund to reward excellent teachers through the merit pay legislation currently going through the Indiana General Assembly.
"One of my promises was for a fiscally responsible budget with integrity," said Rep. Dermody.
"Investing in our K-12 education was a large part of that as well, and I have been fighting to preserve the integrity of the schools in my district and bridge the disparity among them."
The announcement came just ahead of a meeting of the Revenue Forecast Technical Committee and after a string of revenue updates that showed state revenues ahead of recent forecasts. The increased revenue combined with sensible reserve balances stand as a testament to the cautious fiscal efforts of Governor Daniels and the Republicans in the General Assembly paying off for the state of Indiana.
"We faced some truly difficult cuts to education in 2009 due to revenues being significantly lower than expected. We had hoped those were only temporary cuts and now we are able to begin to restore a portion of that funding at a time when many other states are having to further cut their education funding - some by ten percent or more. We hope that the upward trend in our state revenues will continue on into the future so that we can further invest in our children and many other important programs across the state," said Rep. Dermody.