Schools, communities team up for cost-sharing

FISHERS, Ind. - Cash-strapped school districts in the Indianapolis suburbs are teaming up with local governments to cut costs.

Schools in Fishers, Zionsville and Westfield are partnering with local leaders to share costs on everything from technology to road salt and groundskeeping. Fishers leaders also are considering spending $3 million to buy school-owned property for future commercial use.

The Indianapolis Business Journal reports the moves are spurred largely by statewide property tax caps and a recognition that good schools attract businesses and help build stronger communities.

Denny Costerison of the Indiana Association of School Business Officials says the arrangements are "very positive" because they benefit both schools and municipalities.

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