INDIANAPOLIS–An agreement has been made between Indianapolis Public Schools (IPS) and the Indy Chamber of Commerce to allow a $220 million operating referendum be placed on the November ballot.
That money would pay for teacher salaries and raises.
That figure is less than the $315 million the school district had considered, but it’s more than double the amount recommended earlier this month by the Chamber ($100 million).
The IPS administration, still wanting to erase red ink and give teachers a raise, is accepting the Chamber’s call for putting high school students on IndyGo buses–as well as reduced facility and food service costs.
The district passed a $52 million capital referendum in June, which will pay for safety and security upgrades, among other expenses. That referendum will also be decided by the voters in November.
IPS says since they are asking for less money, they may have to close between 15 and 20 schools.