Articles

K-12 schools prepare for funding boosts, cuts in new budget

As Indiana’s fast-growing suburban districts breathe a sigh of relief with more funding on the way, many urban and rural districts are bracing for drastic cuts under the state’s new budget and experts say there might not be a middle ground between the two.

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Budget deal means more for schools, less for roads

Most charter schools would get additional money, teachers would get a $100 tax credit and the governor’s regional cities initiative would be funded under a budget compromise the Indiana House and Senate reached Tuesday.

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NFL relinquishing long-held tax-exempt status

In a letter to team owners, Commissioner Roger Goodell said the league office and its management council will file returns as taxable entities for the 2015 fiscal year. Goodell said the NFL has been tax-exempt since 1942, though all 32 teams pay taxes on their income.

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