MUNCIE, Ind. (AP) - The Ball State University Board of Trustees has approved the university taking over the financially troubled Muncie Community Schools days after Gov. Eric Holcomb signed legislation allowing the move.
The board Wednesday unanimously approved a resolution accepting responsibility for governing the district.
Ball State President Geoffrey Mearns told trustees that $2.9 million in aid for the schools already has been pledged by two local foundations, three banks and two families.
Mearns said the schools' current emergency manager will assist the new university-appointed school board during a 60-day transition period beginning July 1. He also said a finance plan from the emergency manager anticipates pay and benefits for all returning employees going unchanged from current levels.
In a special session Monday, the General Assembly approved a bill allowing the takeover.
(Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
- Ball State takeover of Muncie schools gets $2.9M in aid
- Muncie animal shelter offering $20 adoptions
- Mallers Preparing for Big Sophomore Season in Muncie
- Muncie Mayor blasts racist graffiti in city park
- Indiana Appeals court upholds Muncie man's nail-gun attack convictions
- Catalan parliament to respond to Spain's planned takeover
- 13 Ball State fraternities to go alcohol free until 2018
- Ball State to build new $4M multicultural center
- Gov. Holcomb to deliver Ball State commencement address
- Former Ball State University football player home from prison in China