Track Every Dollar · Indiana

Indianapolis Public Schools

Every dollar this school system reported for the 2023-24 school year: where it came from and where it went.

Where the money comes from

Select federal, state or local to see every line.

Federal $134 million18.5%
  • All other federal money$83.2 million62.2%
  • School meals$18.7 million14.0%
  • Title I: schools with many low-income families$17.8 million13.3%
  • Special education (IDEA)$9.7 million7.3%
  • Teacher and principal training (Title II)$1.5 million1.1%
  • Career and technical education$1.4 million1.1%
  • Student support and enrichment (Title IV-A)$1.3 million0.9%

Inside the federal total: $76.7 million of pandemic relief (ESSER and related funds), which ended in 2024.

State $333 million46.0%
  • General formula aid$287 million86.1%
  • Paid by the state for the district (benefits and other costs)$36.5 million11.0%
  • All other state money$8.2 million2.5%
  • Special education$686,0000.2%
  • Bilingual education$569,0000.2%
  • Compensatory and basic skills programs$160,000under 0.1%
  • Gifted and talented$144,000under 0.1%
Local $257 million35.5%
  • Property taxes$212 million82.6%
  • Interest, rents, donations and other$26.8 million10.4%
  • From cities and counties$15.2 million5.9%
  • Tuition, fees, meals and other charges$2.4 million0.9%
  • From other school districts$365,0000.1%

Where it goes

  • Teaching (instruction)$345 million46.8%
  • Support services Details$238 million32.2%
    • Running and maintaining buildings$58.1 million24.4%
    • Student transportation$50.9 million21.4%
    • Teacher support: curriculum, training, libraries$38.3 million16.1%
    • Student support: attendance, guidance, health and psychological services$26.9 million11.3%
    • School administration: principals' offices$25.0 million10.5%
    • Business office and central services$19.9 million8.4%
    • Other support services and benefits paid by the state$12.0 million5.1%
    • District administration: the board and superintendent's office$6.6 million2.8%
  • Buildings and equipment Details$112 million15.1%

    Of this, construction: $106 million.

  • Food service and other$19.1 million2.6%
  • Interest on debt$21.5 million2.9%
  • Community services and adult education$2.4 million0.3%
  • Payments to other school districts$214,000under 0.1%

Inside these totals: $218 million in salaries and wages, $69.9 million in employee benefits. Long-term debt at year end: $518 million.

The record

Day-to-day spending per student is current spending (teaching, support and food service) divided by fall enrollment (21,863). Amounts are reported by the school system to the U.S. Census Bureau. Census ID 104290, NCES ID 1804770.

Source: U.S. Census Bureau, Annual Survey of School System Finances, Public Elementary-Secondary Education Finances: Fiscal Year 2024. School year 2023-24. census.gov the data file

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