Peggy Hinckley

Legislative Services Agency

State lawmakers want to figure out how to identify and help school corporations before they fall into financial distress.

Monday a study committee heard about possible ways to evaluate a district’s income and debt.

The state’s Legislative Services Agency, a bipartisan legal analysis group, offered different indicators and methods to analyze those indicators, such as outstanding bond debt and income, to figure out if a district is fiscally sound or trending into trouble.