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School Fiscal Indicators:  What to Know

By Brock J. Bowsher, Manager, November 29, 2018

On January 1, 2019, fiscal indicators will be publicly available for all Indiana school corporations for the first time. 

The Distressed Units Appeal Board (DUAB) committee, in accordance with Indiana Code, established the following fiscal indicators that will be available on the DUAB website beginning January 1, 2019:

  • Average Daily Membership (ADM)
  • December 31 Year-End Fund Balances
  • Annual Deficit/Surplus
  • December 31 Year-End Fund Balances as Percent of Expenditures
  • Tuition Support per ADM as compared to General Fund Expenditures per ADM
  • Annual Revenue by Type
  • Operating Referendum Revenue as Percent of Total Revenue
  • General Fund Salaries and Benefits as Percent of General Fund Expenditures

Upcoming DUAB Dates and Activities:

January 1, 2019                             Release report of fiscal indicators for all school corporations

June 1, 2019                                  Release report of school corporations possibly in need of a Corrective Action Plan

After June 1, 2019                         Assess June 1 report completed by DUAB Executive Director

After DUAB Assessment                 Determines which school corporations are to develop a Corrective Action Plan

School corporations that are required to prepare a Corrective Action Plan may remain in the Corrective Action Plan process for as long as necessary until financial concerns are resolved to the satisfaction of DUAB. 

The DUAB committee will review and update the fiscal indicators annually and regularly determine whether additional school corporations may qualify for a Corrective Action Plan.  School corporations should closely monitor and develop an understanding of what is influencing these fiscal indicators at a local level.  The fiscal indicators can be used as an opportunity to help promote community understanding and engagement.  If you would like additional information about fiscal indicators or long-term planning, please contact us at .(JavaScript must be enabled to view this email address).


Information in this article was believed current as of the date of publication. As you know, changes occur frequently. The information presented is of a general educational nature. Before applying to your specific circumstances, please contact us at


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