Source: Education Week
Most states have experienced strong revenue growth in fiscal 2018 and 2019, and with that financial running room, many of those state leaders are signaling that they want to channel a “significant portion” of those resources into education, explains the National Association of State Budget Officers. While it’s not unusual in a good budget year for governors to tout plans for more money for schools, what’s striking is the scope of the proposals this year, said Kathryn Vesey White, the director of budget process studies at NASBO. The flow of new money hasn’t necessarily brought consensus on what to do with it. Governors and lawmakers in some states are deciding whether to pursue new spending on education or bank that money for a rainy day.