The $223 million slated for the retirement system, which ended fiscal 2016 on June 30 with fewer assets than it had two years earlier, is enough to have given all teachers 4 percent or 5 percent pay raises, rather than the 2 percent Gov. Nathan Deal and lawmakers are offering. And it’s more than enough to return the state to the education funding levels lawmakers long ago promised public schools.
Last updated in 1999, the current setup has been massaged and manipulated into a Frankenstein-ish mess of loopholes and special grants. Wealthy districts such as Lake Bluff can make up the difference with local tax dollars. That’s not an option for towns that have lost their industrial bases and where home values wither, whether in suburban Chicago or downstate.
Most of the ten states provide funding for pre-K via general revenue funds, but a few use lottery funding…By contrast, the three states with the lowest levels of total funding (Nebraska, Ohio, and South Carolina) also enrolled the fewest children. An increase in total funding and consideration of funding sources in addition to the state’s general revenue fund are recommended for expanding access to pre-K in Indiana. This may include funding options available through federal grant.
The plan is carefully framed to deal with some of the objections that have undermined past efforts to reform the charter law. School systems with fewer than 3,000 students would be excluded, negating concerns that a charter could have a severe impact on small school divisions. Public charter schools would have no claim to local funding, and existing schools would continue operations unaltered, without loss of needed resources or local control.
The federal tax credit proposal is one of several ideas under review by the White House to fulfill Donald Trump’s campaign promise to promote the expansion of charter schools and vouchers that would allow families of low income to use public money for private school tuition, sources tell POLITICO.
The governor proposes allowing municipalities facing “financial hardship” to cut spending on low-achieving schools starting next school year. Malloy would leave it up to municipal leaders to determine how to spend the additional revenue they would get from his budget. The governor also proposes the state’s share of school construction project costs be scaled back and that state spending on after-school and summer school programs that provide tutoring for students be significantly cut. Additionally, he proposes cities and towns pick up one-third of the cost of providing retired teachers and other school staff with pensions, and he proposes a new way to fund special education.
A new report finds that state funding for higher education continues to show growth overall, but each state has its own tale to tell. Support for higher education in state budgets rose by 3.4 percent across the country from the 2015-16 to 2016-17 fiscal years, preliminary data from the latest Grapevine survey shows.
Nevada – To avoid the cost of building new schools, districts should consider 12-month school years or double sessions, an efficiency study proposes…The commission recommends more authority and decision-making at the school level instead of the district central office. There should be a review at least every three years by districts to determine if programs are leading to increased student achievement, the commission said. And a fund should be established to help districts finance construction and maintenance of schools, the study recommended.
Michigan’s schools would get an overall funding boost under Gov. Rick Snyder’s budget, as well as additional dollars for high schoolers, students considered economically and academically at-risk, and career and technical programs.
Schools with at least 51 percent Hispanic students saw 1.8 percent of their total budgets frozen, on average — that’s about twice the average rate of 0.9 percent frozen at schools with at least 51 percent of white students, according to a Chicago Sun-Times analysis of the freezes. The schools that lost the highest percentage of their remaining spending power — 1.8 percent on average — also serve the very poorest children, where nine out of 10 students qualify for the free or reduced-price lunch that is shorthand for school poverty.