Jeanie Lindsay, IPB News |
The commission’s report says a competitive average teacher salary for Indiana lands at about $60,000 a year. That’s nearly $9,000 more than the current average and would take an investment of more than $600 million.
The commission’s report includes 37 total recommendations for both lawmakers and schools to consider. The focus on reallocating funding, increasing revenue options, and adjusting other policies to help drive more money into the hands of educators.
Some of the recommendations for lawmakers to consider include things like paying off even more of schools’ pension debt to free up additional funding and eliminating a tax credit for households with incomes above $150,000 that contribute to 529 education savings plans. It also recommends lawmakers remove some barriers schools have to consolidate school corporations and their associated costs.
The report also suggests setting a minimum teacher salary in the state and providing incentives for schools that meet certain teacher salary benchmarks.