Every Dollar, Every Student - Financial Transparency
Every Dollar, Every Student
See exactly how your tax dollars support students and schools
Every decision we make in MCCSC schools starts with a simple question: What’s best for our students? That includes how we manage our budget and invest public tax dollars. We believe our community deserves to see exactly how their investment in education translates into supporting our students and our schools. This page is designed to help you understand MCCSC finances in clear straightforward terms so you can see the care we take with every dollar — to care for every student.
Fast Financial Facts
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23 schools: 533.4 acres of property, 88 art & performance spaces (stages, art and music studios), 21 gymnasiums, 16 outdoor athletic spaces (fields, courts, tracks).
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Student Enrollment: 9,937 (October 2025 K-12 ADM*)
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Average Teacher Salary (2024-25) $69,770 – Approximately 12% higher than the statewide average of $62,528.
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Minimum Starting Teacher Salary (2025): $57,750 – Nearly 28% higher than the state-mandated minimum of $45,000.
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Bond Rating AA+ Long Term Rating & A+ Underlying Rating
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Rainy Day Fund Balance: $1,212,500
Salary Source: Indiana Gateway. Statewide data; MCCSC data
*Average Daily Membership.
Understanding School Budget Basics
School corporations like MCCSC don't have just one big pool of money—we have different "funds" or “buckets” designated for separate things within our overall budget. Indiana state law sets rules for how each Fund can be used. Click below to learn more.
Financial Documents
Indiana School Finance Dashboard - Form 9 Financial Data
Revenue, expenditure, and cash balances for state and federal reporting
State Financial Audit Reports
The Indiana State Board of Accounts (SBOA) performs independent audits of all public school corporations to ensure public funds are handled properly and in accordance with state and federal requirements. These reports provide transparency and accountability for how taxpayer dollars are managed. Below are MCCSC’s most recent audit reports.
MCCSC Compliance Examination Report (July 2022-June 2024)
This report reviews whether MCCSC followed applicable laws, policies, and required procedures when managing public funds. It focuses on compliance with rules and regulations rather than the district’s overall financial condition.
MCCSC Financial Statement and Federal Compliance Audit Report (July 2022-June 2024)
This report examines MCCSC’s financial statements for accuracy and reviews compliance with federal program requirements. It provides assurance that the district’s financial records are reliable and that federal funds are being used appropriately.
Budget Documents (Certified Budget Orders)
For more information, visit MCCSC Budgets webpage
Frequently Asked Questions about our Finances
How can MCCSC afford construction projects?
When a school corporation needs to finance a construction or renovation project, it issues bonds—borrowing money that is paid back over time. Large construction and renovation projects are paid for through MCCSC’s Debt Service Fund, which by Indiana law can only be used to repay bonds and other long-term debt. The Debt Service Fund gains revenue through local property tax revenue, based on the bond repayment schedule. That is why MCCSC may have funding available to complete construction, but it cannot use that funding for any other purposes, such as employee wages and benefits.