Built in 1928 and now sitting next to Muncie Central High School, the Fieldhouse is one of the largest high school gyms in the United States.

The school financials bill has ramifications for all schools in Indiana. But for Muncie, it will mean approving a state university to run a local school district for the first time in the state's history.

University President Geoffrey Mearns says he believes the emergency management role is a temporary fix for Muncie Community Schools. He wants Ball State to be part of the long-term solution.

As the clock struck midnight, the Senate had one more bill eligible for passage.

The bill has already been approved by the House. It now heads to the full Senate for consideration.

The organization said it changed its stance because the university would be less likely than the state-appointed emergency manager to cut art, music and other classes.

Democratic state senators from northern Indiana say a school finances bill that enforces more rules on the distressed Gary and Muncie districts will eliminate public participation in public school systems.

An Indiana Senate committee has decided to postpone voting on a controversial school financials bill because of its effect on Muncie and Gary schools.

Strong winds from a Nov. 5 storm punched a hole into the 90-year-old Muncie Fieldhouse's roof, causing extensive water damage.

The bill now goes to the Senate side of the General Assembly for consideration.