ISTA

Lawson lauds $14M union insurance plan settlement

December 3, 2013
Associated Press
The agreement would end a four-year legal battle with Indiana's largest teachers union. But the Indiana State Teachers Association accused a Republican official of playing politics as she heads into an election year.
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School districts could recover $14 million in settlement

December 3, 2013
Associated Press
Indiana school districts which invested in a failed union health insurance plan could get back roughly half of the money they lost, if they approve the settlement.
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Indiana State Teachers Association elects new leader

April 29, 2013
 IBJ Staff
Teresa Meredith, an elementary teacher from Shelbyville, has been elected president of the Indiana State Teachers Association, replacing long-time leader Nate Schnellenberger.
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Teachers trust fund broker reaches settlement

March 13, 2012
David Karandos, a broker who advised the Indiana State Teachers Association Insurance Trust before it collapsed in 2009, has reached a settlement. Karandos agreed to a 75-day suspension from working in the securities industry and may pay up to $50,000 in restitution.
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Judge upholds Indiana school voucher law

January 13, 2012
Associated Press
A Marion Superior Court judge affirmed Indiana's school voucher law on Friday, rejecting opponents' arguments that the largest such program in the nation unconstitutionally uses public money to support religion.
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Indiana schools chief Bennett gears up for re-election bidRestricted Content

January 7, 2012
J.K. Wall
String of controversial reforms draw campaign contributions, ire of opponents.
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State school chiefs paid more than meets the eye

November 27, 2011
Associated Press
Indiana's nearly 300 school superintendents are receiving more compensation than reported in their contracts, with extra payments for benefits such as health insurance counting toward their overall salaries for pension purposes, a newspaper's investigation has found.
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Teachers sue 3 Indiana school districts, seek raises

October 21, 2011
Associated Press
The dispute, which includes schools in Noblesville, stems from changes passed by the Legislature earlier this year limiting collective bargaining agreements between local districts and teachers' unions.
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Education battle unleashed torrents of money in IndianaRestricted Content

August 20, 2011
J.K. Wall
Education reformers dramatically outspent opponents on lobbying, advertising and grass-roots campaigning during the past legislative session.
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ISTA says new teacher contract forms violate state law

July 26, 2011
Associated Press
The Indiana State Teachers Association is asking a judge to block state education officials from putting new teacher contract forms for the 2011-2012 school year into use.
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Bill on teacher union rights heads to governor

April 19, 2011
Associated Press
A bill to restrict Indiana teachers' collective bargaining rights has cleared its final legislative hurdle, becoming the first part of Republican Gov. Mitch Daniels' sweeping education agenda to make it to the governor's desk.
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Lawmakers start work on teacher merit pay bill

February 9, 2011
Associated Press
Indiana lawmakers have started work on one of the more controversial aspects of Gov. Mitch Daniels' sweeping education agenda: a plan to tie teacher pay to student performance.
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Schools chief, union head recruit mentors for children

January 4, 2011
Associated Press
State school superintendent Tony Bennett, a Republican, and the leader of Indiana's largest teachers union made a rare joint appearance Tuesday to promote a mentoring program.
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It may be do or die for Indianapolis charter school

November 6, 2010
Joe Jasinski
Knowledge Is Power Program (KIPP) College Preparatory School faces its seventh—and final—review this year, one that could determine its survival.
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How hard is it to fire a teacher, really?

November 6, 2010
J.K. Wall
Red tape involved in firing teachers is thick. But risk-averse administrators may be the bigger problem.
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Secretary of state files complaint against teachers' fund broker

October 27, 2010
Kathleen McLaughlin
David Karandos, a broker who advised the Indiana State Teachers Association Insurance Trust before it collapsed in 2009, is facing an administrative complaint from the Indiana Securities Division, which alleges 13 violations for unethical, dishonest and deceptive practices.
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Rokita to politicians: Careful with donations from union

October 13, 2010
J.K. Wall
Secretary of state warns candidates that if he prevails in court, his securities division staff will pursue any money the candidates received from the Indiana State Teachers Association's political action committee.
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Education Roundtable hires former union lobbyist as director

July 16, 2010
J.K. Wall
Dan Clark will direct efforts to coordinate and align Indiana’s K-12 and postsecondary educational systems, as well as work force agencies like the Department of Workforce Development.
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Indiana bringing information revolution to public schools

June 12, 2010
J.K. Wall
The state is building a massive data system with a tough-love intent of rewarding good educators and schools and hammering poor performers.
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Other states join Indiana in spurning grant program

May 31, 2010
 IBJ Staff and Associated Press
About two dozen states are going back to Washington for another shot at billions in education grants under the "Race to the Top" program, but at least nine others including Indiana are opting out of trying a second time.
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Indiana schools to exit Race to the Top competition

April 22, 2010
J.K. Wall
State will bow out of the $4.35 billion federal competition after a highly public feud between public schools chief Tony Bennett and the state’s teachers unions.
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Report: Indiana far short of funding teacher pensions

April 21, 2010
Associated Press
Indiana is among the nation's five most underfunded teacher pension programs, but low ranking is misleading.
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UPDATE: Teachers union tells Bennett to start over on reform

April 15, 2010
J.K. Wall
Superintendent of Public Instruction Tony Bennett invites heads of teachers unions to meeting to publicly share reform ideas instead of "bureaucratic rhetoric and no specifics."
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Bennett demands ISTA support for school reforms

April 9, 2010
J.K. Wall
State superintendent of public instruction says teacher union support imperative to win federal grant.
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Thousands of teachers losing jobs, union says

March 19, 2010
Associated Press
Indiana State Teachers Association forecasts up to 5,000 teachers may lose their jobs. That's about 8 percent of public school teachers statewide.
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  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

  3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

  4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

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